Yes, you can often lift emulsions off. It depends on the subbing, the hardness and a number of other factors. Trying is the only way to find out. However, if you like the watercolor look or the vellum look or the canvas look, you can buy these surfaces in tablets by Strathmore. They are about 100# hot press papers and coat nicely. Papers with "weaves" though should be coated and printed properly to prevent odd appearances in the final print due to the orientation of the texture.
Your biggest problem in recoating will be due to wrinkling of the paper if you use FB.