Currently yes.
If it will still work today.
Lots of security measures have been placed since then.
I see you posted at ubbcentral with this feature request.
You might want to enhance that post for what you are asking for.
Gizmo stated there will be a email queue for version 8.
And it will allow you to throttle the outgoing mail for limitation caps but will not do what you are asking for now. Meaning send to a distribution list. You would still need to go through similar steps.
BTW, I was the one that pushed for that feature but I never thought about still using distribution lists.
