Sure sure, thats why all MotoGP bikes, all the other litrebikes, also one of the sweetest handling ducks the 999 have DSSA. Because its cheap!
The amount of deflection you are talking about is minimal, not enough to bind the axle in any meaningful way, how do I know this? One of my first bikes way back in the 70's was this beauty;
See that swingarm, it was made from cheese and it never "bound up" it weaved like .... and felt awful binding due to twist, flex and deflection was not the issue. Modern swingarms are built to handle forces that are orders of magnitude greater than this old bike had to deal with.