Will I have issues powering my 5.1 setup? Denon AVR-X1700H with Signature HiFi 5.1 speakers

Hi all, home theater newbie here.

I bought a Denon AVR-X1700H for Black Friday. I see that it gives 80W a channel. Forgive my ignorance, but is that allocated per channel or just total output potential?

The spec sheet for the Fluance Signature HiFi 5.1 shows that it's an 8ohm impedance, and the floorstanding speakers have a power handling of 90 - 200 Watts each.

So am I going to have problems powering my speakers? What are your opinions? Do I need pre-outs? Should I learn what pre-outs are now lol... thanks in advance.