Well I have around 3 WPG on my 55g, the reason I did this was my parents where not too keen on the idea of having a high pressure tank of CO2 in my bedroom

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The results are OK, I just do water top offs since a big 50% WC will cause damage and a algea attack, I did a larger WC and triggered some algea so I need to rip it out.....
In the future I hope to get a pressurized system for the tank and really get some crazy plant growth.
So for me, yes it can be done. But Algae comes and goes with the tank.... Moss loves the light though!
-Andrew