It is possible, I just don't think its going to be very practical right now. It would definitely take some development and I feel that the usage of it would be quite limited. I think most people who will be developing for the V1Connect will have a Valentine1 to use or be able to get one. For those that don't, then I would hope the sample code and the protocol documentation would be all that is needed so that data can be read. The developer would then just have to pass the plugin off to someone who can test it with a V1 after they have written the GUI code. This is not the most ideal situation, but it would work.
If anyone needs any more sample code or some V1CS data output sample I will be glad to provide it.