I think you could! My only concern might be that, if you’re dropping the waist by very much, it might be a bit narrow near the hips and might restrict movement. Check the pattern beforehand to be sure it’s roomy enough. This dress doesn’t have tons of ease, so if you want to drop the waist by more than a couple of inches you could also add ruffles to the bottom of View B.
Ruffles are basically just rectangles, so it would be easy to make your own ruffles. As a general rule of thumb, you’d probably want your ruffles to be at least 1.5 times the width of the bottom edge of the dress, wherever you’re attaching them. That will give you some fullness to the ruffle.
Should be cute! And drop me a note if you’d like to write about it for the blog. I’m always looking for new posts for the customizing series! liesl@lieslandco.com