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Hi David, yes that is correct.
You could even have the laptop on wi-fi too.
You need to make sure that all the IP addresses are on the same subnet so they can all 'see' each other. The assumption is you can set all the IP's on each device, or if DHCP is enabled for all of the devices, then that should be fine too. You are on the right track and a quick ping to each device from your laptop will let you know it's on the network.
Let me know if you need any deeper info on the network side.
Cheers,
Damien.
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