Pretty much, but omit step 5 for the air filter. You should change your air filter about every 10K miles unless you're using a K&N, in which case you would wash and re-oil. They're guaranteed for a million miles.

Also, a good rule is to replace your PCV valve every other oil change. They're cheap at less than $4 each, and when they fail is what causes excessive oil consumption in most engines. Since I use the Mobil-1 M104 oil filter I'll order them 5 at a time from www.autozone.com and always get a handful of PCV valves too.