It can be done providing you don't need a higher octane fuel than AV will deliver.
My thoughts are if you can afford to turbo a 2 stroke buying a drum of 111 shoudn't bother you to much.
av gas is not that cheap, i paid 1.70 liter at the airport. i blend it to get around 96 octane, also av gas lasts months if stored properly. its 100 octane low lead guaranteed, not many stations guarantee there octane.