Off the top of my head I don't see why it would not work. Well, except I don't really know the details of how leveldb journaling works, so maybe make sure all transactions are well done and finished before stopping the "fast" camlistored('s index).
if needed, you could probably trivially make a tool using the leveldb pkg to open "/some/path/to/index.leveldb", make sure any transactions left in the journal are written, and then close properly.
In any case, please let me know if you hit any problem so I can help.
Cheers,
Mathieu