Go for it ... when you go to relocate the coils just slice the loom open along its "oem" split and pull the wires out carefully cutting away the elec. tape as needed. Dont remove all of the loom. It looks soo cleaner if u leave as much factory stuff in as possible. Then all you have to do it rewrap over the loom/tape and then over the exposed wire that goes to the coils -- you can kinda see what im talkin about in the pic of my engine bay above. Also, I had to reuse my bolts that held the coil packs to the valve cover for the ground straps (did individually, instead of in pairs) --- but you need to grind down the screws a bit.
Pe@ce