solid and simple program...I've done similar in the past and it worked very well...going to more of a 5x5 program for 2014 as well.
You'll like squatting 3x/week. You'll settle in quickly and the frequency will be beneficial.
"...strength is built one recovery day at a time..." -OMP
Best PL total: 1020 - 350/265/405
Current total: 905 - 315/245/345