Possibly! For instance, when I built the twitterdildonics project back in 2007 (changed tweet character values to vibration speeds, using an extremely early precursor to buttplug.io), a lot of people were saying I should transmit using morse code, but instead I took UTF-8 and poorly translated it back to 0-255 range, which accidentally ended up with super interesting results:
Though, perhaps improving the encoding density might improve the experience during transmission. As will all things UX, you won't likely get the real answer without usability testing.
