I believe it will. It is just a matter of "how"...
As you may know-
-A G44 will activate and apply the 5 axis length compensation IMMEDIATELY. A G43 will deactivate and "un-apply" the length compensation IMMEDIATELY.
-A G47 only activates the 5 axis length compensation with the actual adjustment "blended" with the next positioning move. Likewise, a G46 only deactivates the length compensation with the actual adjustment back interpolated with the next positioning move.
We do not usually mix the two forms in our post processors, but I do not see why you couldn't. (Although we may want to wait on a final word from someone from Thermwood.)