Whether the amp will sound good on the dummy load is another matter. FYI, a tube amp's output section interacts with the reactance of a speaker. I have seen some comments that suggest the Transformer DI Out tone is not as good using the dummy load as when the amp is driving a cab. IMHO try it both ways and judge for yourself.
This could definitely be worth testing. I never realized how much difference the interaction with the speakers means until I tested two different attenuators in my home studio.
The first one was a Tone King Ironman II. This is a traditional, reactive attenuator, where the guitar amp will actually "see" the speakers, and interact with them.
The second one was a Fryette Power Station. While it is supposed to deliver a reactive load, it is also really more of a reamp device than a traditional attenuator. Forgive me if I don't get the technical details right, but I believe these Power Stations attenuate the signal all the way down to line level, and then reamps the signal through the onboard 6L6GC-based power amp. In any case, your guitar amp will never "see" or interact with the speakers when using the Fryette Power Station. The speakers will only interact with the re-amped signal from the Power Station output stage. While this design offers some interesting features, it also turned out to have some rather severe disadvantages IMO.
In real life tests I found the difference between these two devices to be HUGE.
The Ironman retained the "feel" and the touch sensitivity of my playing FAR better. I massively preferred it for everything except clean guitars through Fender-style amps. For "airy" cleans, particularly through Fender-style amps, the Ironman sounded slightly congested and lacking in detail compared to the Power Station.
The Power Station had a very lovely "airy", detailed tone with clean Fender-style guitars, but that was the ONLY thing I preferred it for (but the Power Station also had an inherent level of noise/hum that unfortunately made it borderline useless for clean guitars...). The playing experience, touch sensitivity, dynamics just didn't feel quite right. The Toneking was far superior in this respect. I also found that the Power Station colored the tone a bit too much, to the point where for example a Marshall amp didn't really sound like Marshall anymore. It didn't sound BAD per se, but certainly different. Also, with the tone switches set to flat the Fryette Power Station doesn't even deliver a reactive load. So unless you're willing to boost either the lows or the highs you're stuck with a resistive load, and a noticeably duller tone/feel.
This really was an eye-opening test for me. The playing experience was so much better with the Ironman, where the guitar amp was actually interacting with the speakers (rather than having just the re-amped signal from the output stage on the Fryette Power Station interacting with the speakers).
So yeah, don't underestimate the importance of your amp interacting with the speakers, although my experience with attenuators isn't directly comparable to using the DI on the pf20 with/without a speaker connected.