Does it shoot well in 223 configuration? If so, I'd say go for it, if not I'd say no. If you haven't shot it, put a box of quality match ammo through it and make sure it shoots well. If it's not a 1:8 twist model I probably wouldn't do it though.
I personally haven't seen or had a T3 that wasn't a shooter and I had a T3 lite stainless that I had punched to 223AI. It ran the 75Amax's like a champ which is all I ever tried.