I got all switched over Monday afternoon. Basically turned in my badge, got a new badge, got my picture taken again, and signed something basically stating that my contract now resides with LA Fitness.
The cool thing about that process was that the girl doing all of this says to me: "Your membership is set to expire in November 2013, correct?" I agreed and then she said "If you want to renew at that time, it will be $428." Which of course, is what I paid a year ago. So apparently, I am grandfathered into my contract and can keep it going when it expires...