Yes it is possible. Almost anything is possible with software. However, with the current IDE from Parallax, all you can do is compile it and see how much space it would take in the BS2. Running it requires the purchase of a BS2 (and usually a Board Of Education to put it in, connect power to, and the programming cable).
I think there is a package that simulates a BS2 by "Proton", but others will have to elaborate on that.
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I think there is a package that simulates a BS2 by "Proton", but others will have to elaborate on that.