........isn't it.[/qoute]
No, water out = air in. Trouble is, water in /= air out. You have to bleed all radiators, and, this will take several goes, filling the system, bleeding the rads. Filling the system, bleeding the rads.........
You could avoid this by being a bit daring (in case something goes wrong) and organised (to make sure it doesn't), and freezing the pipes to the radiators, shutting the valves. Removing radiator complete with valves, fitting stopends on pipes just in case. Standing radiator on end and replace valve. Then refit radiadtor.
No draining, not much reflling.