That sounds like a great plan as long as your male produces. However if he doesnt you're pretty much up that one creek without a paddle. Personally if I was going with your plan I'd back him up with atleast one co-dom or double co-dom male if you have the available funds for it. Also if it were up to me I'd go with a lesser(cause they're awesome) or a lesser x mojave BEL just to have more options. But if you check my signature you can see that I have a very male heavy collection, because I worry that someday my males might not be good breeders so they're all backed up by at least 2 or 3 others, which some would call overkill, but hey, if I can do it why not. lol.

But in the end its really up to you. If you're willing to take that chance then I applaud you, I feel like I would lose sleep worrying about it tho. lol.