Powershell alternative of stsadm -o migrateuser

Powershell alternative of stsadm -o migrateuser -oldlogin domain\oldid  -newlogin domain\newid  -ignoresidhistory

I found the following with the help of MSDN techies

Move-SPUser [-Identity] <SPUserPipeBind> -NewAlias <String> [-AssignmentCollection <SPAssignmentCollection>] [-Confirm [<SwitchParameter>]] [-IgnoreSID <SwitchParameter>] [-WhatIf [<SwitchParameter>]]