It's possible. However if you wanted to do something real and get it up on Steam or have a solid playerbase of any kind, you'll want to look for other options. The last "big" eclipse game to use this engine spent 3 grand (so far) to get this engine in anywhere close to working bug-free condition. Personally I would wait for Intersect (you can even start on your maps and content now!) but if you insist on using an Eclipse/Mirage engine, I would go for the SEB Engine, EVB, or even Final Frontier. All are far superior, reasonably stable alternative's to ResBak.
Hope this helped!