NaNoWriMoI don't like the abbreviated version of the organization name, but I suppose it's a slight bit better than NNWM.
That aside, I'm going to say, why the heck not. I can usually put out a 10,000 novella on a weekly basis, so I should be able to power through to 50K words on a novel by the end of a month. I'll post segments of it on my more or less weekly schedule. I'm thinking it'll be more or less a collection of short stories that will intersect and/or follow the same characters.
Here's the link to the group's website: NaNoWriMo