That is all you need to do. I don't see this model includes any room correction. As long as the speakers and other equipment is hooked up correctly you are set. Just play around with the settings to see what you prefer for sound.
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Mitsubishi Diamond 57" DLP rear pro
Integra DHC 80.2
B&W 703 towers, HTM-7 center channel, 685 bookshelf for surrounds, ASW8 sub
PS3, Wii U, DirecTv
80 inch TV (Not like wife will let me)