Yes it's possible, but there are more suitable films for reversal processing:
Agfa Scala, Fomapan R100 and Rollei R3, all on real clear base and these films will survive a 30 minutes reversal process with no damage on the emulsion.
Here is an excelent article on it:
http://www.schwarzweiss-magazin.de/swma ... _leser.htm
"Kehrt Um" Agfa Scala im Heimarbeit.
You can also mail RJR, also an APUG Member and English speaking. He's more or less a specialist on it, in the mean time
(The Fomapan R100 developer kit is commercially available. We are also carry it in our programm.)
http://www.FotohuisRoVo.nl