To answer the OP, this is my take.
No.
It will work in Super rugby, but unless you have excellent tactical kickers, and a strong set piece, you're playing Eddie-ball.
I watched the Wallabies v the Frogs from 2005 a few days ago, and it was not a whole lot different to the game we just lost.
Rapid phase play designed to try and find cracks in the opposition defence, high number of phases and quick ball out the base of the ruck. No real tactical kicking, scrums and lineouts just rushed through quickly to get back to playing ltos of fucking phases without going anywhere but sideways, and relying on individual acts of brilliance to make the break.
The weekends game was the perfect example of the problem with the whole plan: test rugby is tougher than Super rugby. The Irish knew their attack wasn't as good as ours and so played to their strengths. They kicked extremely well, and pinned us in our own half. 2 of our tries were begun behind our own 10m line.
We were pinned in our half, and instead of kicking our way out (which immediately flips the pressure switch onto the opposition), we tried to run. We out-scored the opposition in tries and still lost, because they out kicked us.
They didn't even win the set piece ffs, the only thing they did better than us was kick, and we lost. All but 5 points came directly from astute and accurate kicking.
Now, imagine what the result would have been if they had set piece dominance? They could still be as impotent as the Italians in attack, but it wouldn't matter.
There will be games we win and slaughter the opposition, and there will be times that we win a close game off the back of our try scoring, but as sure as night follows day, until we are able to outkick (tactically), and use kicking as an offensive weapon, we will never win a trophy.
Tri-nations, WC, Bledisloe etc etc, will not retun to our shores until we are at least on par.
Edit: I'm not saing that we have to play Jakeball. The fact is, that NZ are the best, and most frequent, kickers of the ball. They have the best defence, arguably the best set piece. Would anyone seriously accuse them of playing Jakeball? They kick more than the Brumbies have been the past two seasons, yet they are 'amazing runners of the ball'.
The difference lies in the quality of kicking.