Yes it works great.
But don't use an 040, be sure you have an 060 coz they don't get that hot. I've rewired the 5V line and connected it to the floppy drive. I also added a fan inside the desk by drilling two small holes in the keyboard underneath the case. You don't see it. I also had to add an extra outputhole as I already use the external out for scsi.
The only thing I don't like about it is the noise of the fans.