No, if you don't want to: As stated in step 6, you can add these lines to '/data/local.prop' (create it if not there) instead of '/system/build.prop'. Then you do not need to add these lines on each ROM update (only if you wipe your data partition or delete the file manually).
And make sure that the file has permissions 644 and is owned by root:root (with 'chmod' and 'chown', or a capable file explorer).
Alright. And there is no other tings that should be in the local.prop other that what you have written if I need to create a new file?