Yep, with a normal straight shaft the discs and spacers will start dropping out as you slide it out. You might take some pic's, or use a marker and number the pieces in order so you know how it goes back together. Of course, the other side of the harrow should be identical, so that might be your best reference to make sure you get everything back together in the same order.
The only problem you might have is with the axle shaft being bent so bad, it might be difficult to get the last spacer and disc out. You may have to get your sawzall out and cut the bent shaft, or do some grinding? Hope not!!
When you put the new shaft in, use some grease to help everything go back together easier. And as I already mentioned, tighten the crap out of it, and then tighten it some more. With everything back together, the new axle and discs should spin freely by hand with no wobble. Be sure to check it again with wrenches after using it a short while. Would hate for you to gall up a new $30 dollar axle, like the numnuts did at my hunt club because they were too lazy to re-check it. Good luck!