I'd have to say a resounding YES
I originally installed it with a Dual Boot after freeing up some space on my 120gig HD and it's very simple and straightforward. . .
goto
ubuntuguide.com after you get it running to help with the good stuff. . .
Also, PConlineOS 9 is another one to consider, the difference being it uses an RPM based apt-get system . . .
it's all in the repositories !
btw, I like asiago cheese the best