Yes, you could do this easily, although I would get the 5015 version for the extra $3 (the designer is offering a discount for BLF members here: Budget friendly adjustable bench Power supplies perfect for testing LED's and other uses!). Gives you room to grow later plus 4x XM-L’s could easily take the full 15 amps it offers. Be sure to add a fan blowing over it if running it at high amps for extended periods.
If you will be setting of some kind of “permanent” LED lighting where you do not need easy adjustability then honestly you do not need something this fancy. I would get an analog power module like the one I posted in the OP. it works great if you take the time to set it up and then never touch it again. You will still need a fan to cool it though.