I would say yes, if it does not warn you of a low tire......it may also throw a "service tire pressure monitor system" or "service stabilitrac system" message
If it found and read the sensors, is there any reason why it wouldn't warn me of a low tire. Isn't it simply looking for a measureable drop in pressure, and not a specific psi?
Also, as long as I don't see either of those two messages, can I assume that both systems are working properly? (I know, I know, all assuming does....)