Yep. Just did. Works great. Turn on encryption on one machine, including setting a certificate and enabling it on the database. I ran a backup from there that was encrypted. I then disabled encryption, ran a backup and restored that backup to another server. All done. No issues.
"The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood"
- Theodore Roosevelt
Author of:
SQL Server Execution Plans
SQL Server Query Performance Tuning