Its possible. We have an effect right now but its not like this one. The effect is done by an emitter, so we just need to redo the current effect. However our "emitter" guy is going to be out of action for some time and no one else on the team has been able to make emitters as good as him yet. So first of all we need to see if thats what we all want to do (fans and the team) then it would be a "simple" matter of replacing the current effect...
I should have some time next week when I can look at this possibility. I have a big client to work with this weekend, and if all goes well I'll have some bucks come monday, and some free time as well. I really love working on chaos so I'm trying to find any excuse I can to get back into action.