Dear bitcointalk users,

I'm new at bitcoins and i am about to buy my first bitcoin but before I do that I have a question about the armory paper backup. I have installed Armory and then it asked me to install BitcoinQT which all went perfectly fine, then Armory asked me to make a paper backup which also went fine but I´m confused of how good this is. Is the paper backup really able to recover all my bitcoins (on another PC) if for example my PC burns down in a fire or everything is lost due to hardware failure. I am quite dazzled actually that this would be enough and i won't need any other physical backup (on an external harddrive for example). Would this also mean that I theoretically could just uninstall armory and then install it back again when i want to use my bitcoins to prevent any sort of computer hackings where someone steals all the bitcoins?

Greetings,