Hell, I don't know. I had one of those just for recapping half bottles or doing impromptu fills from the kegerator. I don't even know where it is now...
If it works, then I don't see what the problem would be. Maybe a safety issue??
If you are really into brewing, then a bench capper would be a nice upgrade, since you are buying a new capper anyway. Check Ebay. They are not that much more, and won't shear a thin bottle like some people experienced using a wing capper.