That's how I do it as well. Here's the drill:
1. Using spray paint, color each rod and cap a different color on one side ONLY. That not only keeps from mixing them up, it garantees that the cap is on the correct way (which is hard to see on the later rods).
2. Install the pistons, pushing them all the way in and then greasing the rod bearings in place.
3. Put the crank in and attach the center rods first, followed by the outside rods. Keep careful track of the needles to be DAMN sure none of them drop in without you seeing it.
4. The last and most important step of all: Using a pick, poke at the rod bearings, rotating them around the journal to ensure all of the needles are there. Sometimes this will require rinsing the grease out with lacquer thinner (AKA cut finder).
Jeff