Heck yeah. I had set up my Lemond on the trainer, then got concerned that I needed some recumbent specific work, so I set up my Bacchetta on the trainer and it too has worked out fine.
You might take a look at my "42" thread. My bike is in front of a TV, and I route my iPad through it via an adaptor to an HDMI cable into it. I then watch people's training vids. This week I've gone cycling in Mallorca, the Minuteman Trail in Boston, and up Mt. Ventoux.
The widespread amateur use of video cams and YouTube I think has revolutionized trainer time. I've actually grown to like it. Kind of.
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Momento mori, amor fati.