Yes! Goodness, yes. I'm not sure how it work apart from being a part of some kind of "Rainy Day Imagination" plot, but it would be pretty sweet. Although given the nature of the setting, it'd be more likely to be more steampunkish than sci-fi.
I always wondered about the sort of mentally-backwards designers the Enterprise-D had to put a matter/antimatter reactor in the same room as the people who would be needed alive to fix it if anything went wrong. A massive amount of technological hubris there. And I loved that show as a kid.