Yes,the sensors swap over fine but I sold my OEM ones with my 16"s and got new ones from Discount with my 17"s and got their on-line price out the door at the store and saved me over $300 from the in-store price.
I actually noticed no more of an increase in road noise or harsher ride going up to the 17" size.
'12 Focus Red Candy SE Sport 5 spd
'99 Toyota 4Runner Sport
'11 Subaru WRX STI Hatch