Yes, that's probably the best system to start with, in terms of bang for the buck... The wireless system is 900 MHz, like AirWire, and you might need a second base station if you have a REALLY large area, but it is very expandable, reliable, and has the easiest to use menu system I have seen, and I've seen them all. (excluding brain dead systems that do not cover all DCC functionality).
I have since switched to Zimo, for the reasons I have given on my site, but I miss the ease of use of the NCE system, and the ability to program about anything, having normal, paged, register and direct modes for example, which few systems have.
You can get the system at a considerable discount also if you look around.
Greg