That's the way I do it. Now I'm down to one breeding pair, and my retired pair (10 and 8). They are mother/daughter pairs. My buck (free roam house bunny) got one of his daughters spayed as cuddlebun, well, by now it's a different buck.
I keep doelings up to 5 months with the does, and I can see then how their characters turn out and who gets along with mom best, if the need to keep a new breeding doe arises it's an easy pick.
My breeding does, Chantal and Ruth, are 3 and 4 right now, so there should be some more productive years ( litters get smaller, but that's ok)., but I think I'm going to keep one doeling when one of my seniors dies, not sure if a make 2 pairs again or if I try to merge them into a quartet.
Pairs work fine for me, but
my setup evolved around that way of keeping rabbits, they are out in the garden during daytime and when there are any kits each pair has at least 2 hutches, connected with tunnels. 3 hutches if there are 2 or more litters with significant age differences of more than 2 weeks.
The reason behind all that is that most of my satisfaction from breeding rabbits comes from seeing them interact, and interacting with them, the meat is a bonus. Also, for me it's easier, less work, less feeders to fill up and I only need three fenced garden plots to keep the groups apart (bucklings get outside during the night, I don't risk having them out at the same time as the does anymore, Buck and his girl are in the front yard which is sufficiently well seperated)