In short.. yes.
But, from what I've read
here the Astro City's monitor will only run in Low and Med resolution. So you'll have to leave the Atomiswave in LOW Res. Not necessairly a bad thing, since some games actually look better that way.
Also, I'd imagine you'll only be able to use the mono sound through the JAMMA harness. The AW has a seperate jack on the front for Stereo Sound (not sure how exactly it hooks up to a cab, but you may be able to MacGyver something up).
Aside from that, you'll just want to make sure your Control Panel has enough buttons for whatever game you want to play. The 5th buttons wire to pin 26. I think they stopped @ 5 so you can wire it up easily to any cab, without the need of a Kick-Harness or I/O Board.
Hope that helps. And good luck w/ the cab
-Kickin|wiNg