WordPress Static Page

Hi all,

I just read the following link:
http://codex.wordpress.org/Creating_a_Static_Front_Page

Before I read this, I actually tried to make my own Static page performing the following steps:

1 – Activate the theme I want
2 – Edit the index.html file within the Theme editor to include the post I want on the front page.
3 – Remove all of the php tags related to displaying posts (such and while have_posts,etc).

Will this cause any issues SEO wise or how Google will pick up my blog?

Thanks!