yes, and try not to worry so much.
I'd tune it and plug it in and play it, just to get a feel for it as is. I wouldn't expect it to be perfect.
Then I'd remove the old deads strings, oil the fret board
with Fret Doctor or Music Nomad's F1 and put a set of new strings on in the gauge that I prefer.
Then I'd check the intonation, to see how far off it is. If it's far, I'd adjust it, even knowing I'd have
to do it again after adjusting the action. If the action was super high, I'd lower the bridge to the clatter
point before checking the intonation... knowing I might be likely to do it all over again in a day or two.
These other guys are NOT wrong, but I could never let a new guitar sit there all naked and ready
without hittin' on her. Come on, baby, let's make some music. Lemme oil up yer neck here, how's that feel?
Lemme crank yer knobs... now yer singin'...
*shrugs ...cain't leave it alone, even if I should.