Of course
I use it on my server and load database from SQL without problems.
Edit: A small example
Input Data:
21001,Bellum_Claymore,Bellum Claymore,4,20,,3500,260,,1,0,0x00004082,7,2,34,4,95,1,3,{ bonus2 bAddRace,RC_DemiHuman,80; bonus2 bIgnoreDefRate,RC_DemiHuman,30; if(getrefine()>=6) { bonus2 bAddRace,RC_DemiHuman,40; } if(getrefine()>=9) { autobonus2 "{ bonus bShortWeaponDamageReturn,20; bonus bMagicDamageReturn,20; }",200,1000,BF_WEAPON,"{ specialeffect2 EF_REFLECTSHIELD; }"; } },{},{}
Output Data:
REPLACE INTO item_db VALUES (21001,'Bellum_Claymore','Bellum Claymore',4,20,NULL,3500,260,NULL,1,0,0x00004082,7,2,34,4,95,1,3,'bonus2 bAddRace,RC_DemiHuman,80; bonus2 bIgnoreDefRate,RC_DemiHuman,30; if(getrefine()>=6) { bonus2 bAddRace,RC_DemiHuman,40; } if(getrefine()>=9) { autobonus2 "{ bonus bShortWeaponDamageReturn,20; bonus bMagicDamageReturn,20; }",200,1000,BF_WEAPON,"{ specialeffect2 EF_REFLECTSHIELD; }"; }',NULL,NULL
);