In essence, yes. It will help you get your Class M on your license if you pass the course. The course usually runs $90 and fills up relatively fast. Check MSF for various information with regard to the course. Also, check Local Courses for a course near you. It helped me out a lot and saves you from having to take the ridden exam at the DMV. Let me also suggest studying the Virginia DMV Motorcycle Operator Manual and getting your Motorcycle Learner's Permit.

Also, you may have set your sights a bit high especially with this being your first motorcycle. You had to learn to crawl before you ran. In this case, running can be deadly...