It will take more, they are essentilly taking the slots in the tunnel occupied by half of the 746 trips to operate the 743s. Only 2 buses are freed up by eliminating half of the 746s, the total requirement of 741/742/743/746s will go up. The 746 will go down by 2 while the 743 will be 2+x buses (I think it was something like 5 more).
They will have enough spare dual-mode buses to increase the requirement and operate at least a 10 minute peak frequency to Chelsea once the overhaul of the dual-modes is complete or close to complete. They will not have enough however to operate it every 5 minutes (twice the buses it will take to operate it every 10, if it will take 7 buses to run every 10, it would take 14 buses to run every 5)
Edit for additional info:
Just for comparison, right now in the PM peak the 746 South Station-Silver Line Way uses 4 buses to operate every 5 minutes, meaning a 20 minute round-trip time for each bus including layover/recovery time at terminals. The 742 South Station-Design Center uses 7 buses to run every 5 minutes, a 35-minute round-trip time including layover, while the 741 South Station-Airport uses 6 buses to operate every 10 minutes for a 60-minute round-trip time including layover.