Indeed. However, note that Slashing Grace was errata'ed to no longer work with spell combat.
...not that I would recommend a kensai at level one, though.
Kensai aren't proficient in armor at all. However, a strength-based Kensai could simply use his defensive buff spells to compensate for his lower armor class. Also, using a wand or Spell Blending to get Mage Armor is a decent trick.