Well... As others said, it's possible. Te console won't turn on, but it is.
That said, it will turn on if you start the Switch FW from RCM since (afaik) that ignores the fuses. This could be usefull if it could be found an instalable exploit. This meaning somthing that you can install and still works when you update. But as for now, nothing like this exists, so it wouldn't give you much use.