Yeah it's possible. Except that most of the youtube channels and livestreamer channels and some of the other channels that have dynamic addresses won't be easily ported over. For instance all of the channels from twitch...There's no m3u8 link for those channels. Anything with a static m3u8 playlist address could be easily copied into an m3u8 file. Will I be doing it? Probably not right now. I've seen some pretty extensive playlist files on github in my search for new channels. Here are some examples.