Hell yeah! Cyclone and Atom all the way! I still used them up until a year ago. I switched to the KO Propo VFS-1 series and now own 4 of them. Never going back. Let's hope KO comes out with BL, then maybe I'll think of switching...
But really, you can use it, just get a voltage cut-off from Novak or Futaba. $20 worth of insurance for your $120 batteries. Not a bad trade off I may say...