If your lines are balanced, then yes.
What you want is to make the line resistance balance the pressure so that the beer flows out smoothly with little to no foam. If it lacks resistance, you get too much foam.
Too much, and the beer doesn't come out.
Read this for more background:
http://beersmith.com/blog/2011/07/14/ke ... raft-beer/Usually about 6 feet of 3/16th ID beer line is what you want to balance a 12 psi at 40F.