If the fans in the case have 4PIN connections, yes. You can theoretically also connect 3PIN fans, but then they will always run at 100%. The unit itself needs a SATA power connector and a special cable goes from the Commander FP to one of your FAN connectors on your motherboard.
Yes, no information is "lost" in the hub, if that's what you mean. However, your MB will see all 10 fans as one and accordingly they will always have the same number of turns.