No, the powervalve has to be right up by the cylinder to work.
Read SiCivicDude's description carefully, the powervalve acts like the top edge of the exhaust port window.
It might be possible to drill an aircooled cylinder to fit one, but then you would need a means to operate it.
Triplecrown (who did the DT200 swap himself, not me) ran into that problem. The DT200 uses an electronically controlled servomotor.
Most MX bikes use a centrifugally controlled mechanism. It needs to be rpm controlled.
The only purpose of the powervalve is to fill in some mid-range torque while allowing more radical exhaust port timing.
It makes for a more broad powerband, not more peak power.
Triplecrown's "stuffing the intake box" experiment seemed to make nearly as much mid range torque as the DT200 powervalve.
See the "improving Velocity!" thread.
Imagine we combine them both?
Steve