Why not, presumably its preferred address is in the same subnet as the rest of your network. As long as the address was in the DHCP range and then fixed to that address on your router ...
I'm not sure about your router but on the netgear and linksys you can fix a MAC address to any IP address anywhere in the DHCP range.
Obviously you may have to adjust your routers DHCP range to encompass said address.
Don't read me wrong, I'm not trying to convince you to change your approach, I'd just like to understand what the limitation is. I agree, if it ain't bust don't fix it, but it does sound as if it's dodgy, so could be worth exploring.
I'm not sure about your router but on the netgear and linksys you can fix a MAC address to any IP address anywhere in the DHCP range.
Obviously you may have to adjust your routers DHCP range to encompass said address.
Don't read me wrong, I'm not trying to convince you to change your approach, I'd just like to understand what the limitation is. I agree, if it ain't bust don't fix it, but it does sound as if it's dodgy, so could be worth exploring.