Yep.
Only thing is when its left into drive, 2 things happen. 1. You will never hit redline. 2. When you hit 3rd gear it almost instantly goes into O.D unless you turn it off or really have the pedal burried. Which can cause the wiring to overheat and have a issue with o.d working properly. AKA: Wiring burns up, no o.d.
Oh, and when you manually shift an auto you can go past redline, when racing i usually take it 50-100rpm above redline. So far no issues, but wouldn't recommend doing that unless you are skilled and comfortable. Alot can go wrong if you eff up. lol