I haven't watched the episode itself, but from what I've seen, I'd reckon so. It doesn't seem to be very related to the past ones aside from some of the old characters popping up. But even those seem like they can be introduced just fine to the new audience, which is probably what they're going for with this different Umakoshi approach!
Anyway, it's on right now, can't wait til it's avaible for watching!