Yep, there's nothing preventing it, although I don't know enough about systems like Corona, Codea, or Moai to know whether you'd miss out on any IDE functionali

Yep, there's nothing preventing it, although I don't know enough about systems like Corona, Codea, or Moai to know whether you'd miss out on any IDE functionality. I'm currently using moonscript to power my side project on iOS. It's great!