Server move to localhost - can't log in

[Exeter]

I am trying to move my entire forum instance to a test server (localhost).

I completed the move per instructions here:
http://www.vbulletin.com/docs/html/moving_servers

Login in attempts on localhost result in redirection to production (the source), which returns
"Invalid Redirect URL (http://localhost/)".

Next I replaced every instance of the URL I could find in the table settings with localhost.
That did not work either. Resetting the cookiedomain with tools.php did not do it either.

What am I missing?
Is there a proper server move doc somewhere; one better than the fake-out on the official server?

Thanks

--------------- Added [DATE]1366356494[/DATE] at [TIME]1366356494[/TIME] ---------------

I narrowed the issue down to some setting in the DB image.

Doing a find/replace of "www.example.com" => "localhost" in the dump file before importing makes the install work.

Unfortunately there are thousands of those references. Don't know which one made it work.
Replacing all may have some unintended consequences, such as all forum links in posts changing.