Terri, although I'm in a totally different climate than you are, I agree with Sue that normally the bulbs would just be left in place... they
can get a bit messy looking, but other plants can be placed so as to hide the declining foliage. Actually, the best part about those types of bulbs, to me, is that I don't have to do the work of digging them and storing them over the winter
.
On the other hand, though, if moving them out and replanting them, and then storing in peat... I would say go ahead and give it a try; most of us do things all the time that the "conventional wisdom" says shouldn't be done!
We're pretty much ALL gardening buddies here... that's what the site is all about. If you kind of hang out and post in the areas where your interests lie, you will find all kinds of people that you share a bond with. I'm looking forward to "seeing" you around!