Yes. I've done this 6 times.
THat's where I flashed Mik's ROM. Twice.
/does it one more time/
HBOOT runs, Click RECOVERY.
Revolutionary CWM v188.8.131.52
Previously I have mounted SD card. RUN UPDATE FROM SD Card. Select the 4.0.2 ROM. It flashes. Get a SUCCESS message. Reboot. Never makes it past the HTC Splash screen.