Good plan. Make sure you get your players accustomed to calling a bet with a bigger chip and allowing the dealer to make change from the pot.
example, bet is 75c, player calls with $1, he doesn't attempt to make change at that time (nor before the call). He simply allows the dealer to make change as he gathers the pot. This makes the making change situation much less "painful."
To that end, my 25c/50c cash game uses a bank of:
100x 25c
120x $1
130x $5
40x $25
10x $100
The starting stack on a $100 buy-in is
12x 25c
12x $1
12x $5
1x $25
Some people will say I don't have enough $1 or $5... not true. This breakdown plays great. We bet with the $25. This is a 400 chip set perfectly adequate for a single table. Allowing the dealer to make change and having players comfortable betting the "big chip" is what makes it work.