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http://forums.station.sony.com/ps2/index.php?threads/steam-users-please-avoid-the-steam-validate-files-feature.51921/
If you want to back up all your games just copy your "steamapps" folder. After reinstalling Steam on your new setup, just start the installation for the games you want and let Steam create the game files. After that and before any downloading starts, close Steam and replace the newly created game files with your backup from before. Then just start Steam and do a validate for all the games, just in case some files need to be downloaded. After that you should be good to go.
Oh for convenience I'll post the bit where I checked to make sure PS2 was up to date and then went to make a Steam Backup because apparently nobody knows Steam has a Backup feature.