Dave - Yes, the smoker you're looking at will easily take the Traeger pellets. This "MES" we keep talking about is the Masterbuilt Electronic Smoker. Their electric & gas models are very similar in many ways - particularly the basic operation. Until I got this 40" MES, I had always just used wood chips/chunks in a horizontal offset unit like the one you're retiring. I'm finding these pellets much easier to deal with.

I know you didn't mention one, but in case you continue looking at other options, I would discourage buying a bisquette type of smoker as those bisquettes get pretty expensive and really increase the cost of smoking. With about 5 hours of smoker use this 4th of July, for 3 full racks of ribs & a whole chicken, I spent less than $5 for the pellets I used.