Yes, it has native support for Spotify Connect. (Not via AirPlay or Chromecast which the new streamers also have, but you don’t need that.)
For what it’s worth, my experience of the 272 is that it’s a great box, but I don’t hear it punching above it’s weight in the way that others describe. I find that Naim seem to be quite good at pricing their products very carefully in such a way that cost it an accurate reflection of relative sound quality across the range. Still, it’s a good performer, and especially as prices drop, it could be a great option to consider. You could also say the same about NDX/Supernait, which would be my preference, again with prices dropping now that they are both discontinued.
One thing to be aware of is that if you are used to the improved functionality of the new streamers, you may find the old models lacking in some key areas. For example, their WiFi modules are inferior, and the small buffers can cause problems for web streaming, especially with Tidal, although it’s hard to predict how this will affect you until you have tried it.