Yeah, it would be great if you want to use it as a learning experience. And it will most likely go without a hitch, since there are no other machines on the domain. Problems tend to crop up when you have exchange, sql, workstations, etc on the domain.
edit: just make sure you follow the directions exactly. The whitepaper on the link above is about 70 pages long, make sure you read the entire thing before you do anything.