I would say yes. That would be exactly the sort of thing I'd use it for, sizing shorter/narrower pieces. To be honest, I think the TS55 is slightly underpowered sometimes for some AU hardwoods. This stuff is as a general rule really frigging hard. So you can't jam a piece through the saw. Nor would you want to. You have to be patient with it.
The TS75 is probably a better choice for that, but for the occasional time I have to do that, it's (TS55) fine. I will at some point get a TS75, and make my module plate accept both*. You do want the LA650 fence, as it's superior to the one that comes with. I also have a side and end extension table, which makes the table size large enough to be useful. I don't love it more than my old contractor Dewalt (I sold before moving), which I absolutely loved. But because the CMS is as portable, and part of the system, it was the right choice for me.
Unless I'm set up somewhere for a long time and the security is pretty good, I don't bother, preferring to do everything with rails on an MFT usually. But sometimes it is the best way. I don't think this saw is going to go over really well if introduced in the US, you have so many cheaper options. But here and elsewhere, a USD$400 contractor saw is AUD$1000. For the price difference between that and Festool, I'd rather not have a plastic base on a throwaway saw. Plus, for my size shop, I can also have a stationary jigsaw table and router table (just not all at once

). Nothing else offered me that option. When I started thinking about it that way, it wasn't just an overpriced substitute for a cheaper tablesaw.
There is a certain amount of compromise, but I'm paid back in portability and versatility, both of which make a difference to me every time I have to pack everything up and carry it somewhere.
*this involves making a few more hold down holes in the top, lengthening the slot, and ordering a couple of replacement parts. Cheaper and less hassle than carrying two plates.