The quick answer is yes. But you can't create a new Excel document by just using the GoExcel stuff in iLogic from the Snippets. If your going to do it using iLogic, you've got to do it the 'hard way', without much help from the rule editor's intellisence ability, because it's reaching outside of Inventor's scope.
The following line is how you get the application and make it visible:
Dim oExcelApp = CreateObject("Excel Application") 'As Microsoft.Office.Interop.Excel.Application
oExcelApp.Visible = True
oExcelApp.DisplayAlerts = False
oWorkBook = oExcelApp.Workbooks.Open(oExcelFileName)
or
oWorkBook = oExcelApp.Workbooks.Add()
oSheet = oWorkBook.Worksheets.Item()
oSheet.Name = "something"
etc.
etc.
You can get some pointers from searching Excel VB on the internet.
Wesley Crihfield

(Not an Autodesk Employee)