Absolutely.
First, you can convert it to OBD I with very little trouble and expense.
Second, you could use it as-is, with full OBDII and distributorless ignition and all.
For the latter option, check out EFIGuy's threads here in the tech section. If you don't see them right away, use the advanced search and look for threads started by EFIGuy and you'll have your answer (pretty much) right there.
Good luck.
Paul