I've been potting with 89TJ type hands from this position as a matter of routine... high pairs, not so much. Also trying it with some lower rundown hands, since it builds up a large pot for if I hit, and it's simple to get away from if I miss.
This month's 2+2 magazine article on the importance of position in PLO is relevant here, of course:
http://www.twoplustwo.com/magazine/c...right0707.html