That'll work. You could make it an on-off-on and keep C6 as 100n for
super-slow / super-fast / stock (medium-fast).
If you don't have the SPDT on-off-on, but have a DPDT on-off-on you could have all the caps on the switch and just fly the wires to the PCBs C6-pads.
Use a DPDT on-on-on and you can then have the speed in proper order of magnitude:
Slow/Moderate/Fast.
The following should work, too:
Install the 100n, then add the 470n on a POT, blending the 470n in with the 100n in parallel for a fully adjustable speed-dial.