[dnanian]

Yes -- this shouldn't be a problem at all!

Check out the Appendix in the User's Guide: it goes through the process of repartitioning -- with a full clone -- in some detail. You'll do the same, without the partitioning. It's really not too hard. Just make sure you name the disk the same, as you said, and make sure everything looks good before you dump that old drive.

Good luck -- let us know how it works out!