Personally, I hate fiberglass mesh tape. Sure, its easy to use, but the stuff doesn't do its job. Paper tape is more reliable, and if your going to texture this ceiling, you don't want to try to fix cracks in your ceiling in a few years and then try to match the texture.
To answer your question, yes, I'd do all the same process as if your going to paint it without texture. Texture isn't a fill, only a finish. I'm with Steve, shortcuts aren't always shorter.