Can it be this easy

My current music server system is 15 years old and getting cranky.
Would this work?

Escient Fireball Mx-111 > Onkyo Receiver (via RCA) > 2 x Niles SI 275 amps > 2 x Niles speaker selectors > Triad in ceiling speakers in 8 rooms (selected with rheostats in the room) Fireball also uses Ethernet on home network.

Replace the fireball with the Nucleus > DAC > Same RCA jacks now in use to receiver


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Yes, that easy.