New Airport Express - Dual Band Awesomeness

My current 'wifi botch' is running a cat6e lead into the bedroom, into the airport express (old version, but N) and using that as a wifi access point for the apple TV and other devices to get onto. I guess with this I'd use the 'router' port to go back to the Time Capsule in the lounge, and I could plug the Apple TV into the other ethernet port on the new style airport express, and then also have dual band loveliness?
 
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