In theory, no. The Microshift levers use a standard/short pull whereas the V-brakes use a long pull. http://sheldonbrown.com/gloss_bo-z.html#brakelever

A couple options:
There are adapters you can install to convert the pull. http://sheldonbrown.com/gloss_tp-z.html#travelagent
Or, you can install traditional cantilever brakes.