Should be fine. Shouldn't affect the taste.
It may not turn out as clear as the same beer with a proper boil, but it will be beer.
This might be noticeable in an APA.
Let us know how it comes out!
Last brew 9/10/16: Chinook, Centennial, Cascade IPA - 1.066 OG - 51% Pils / 46% 2 row / 3% 22.5L Honey Malt - US-05