Hi John,
Sure you can, just slow down the speed and power of the laser and it cuts fine. But it is so easy to cut with a knife it is almost as fast as the laser. I've done that a number of times on built up wings and it works great. It can be used on fuse formers, wing Ribs, and other places. You can even vacuumed form it a little, that kind of foam I’ve used for free flight wings and stabs. Really easy stuff to work with, so I know it would work well in other areas as well. I’m trying cut out pieces to fill lighting holes in profile right now and it seems to be just great so far. The old glue that was called PICA Glue It worked well but not sure it is made any longer.
Later,
Mikey