Pb solder + Pb-free components, boards etc.: yes
Pb-free solder + Pb components... :
no perhaps yes, if you avoid some types of solder and it's hobby project. (e.g. SAC alloys should be ok, according to Kester's FAQ webpage.)The reason should be, that
common some Pb-free solder is very sensitive to lead contamination and it may become brittle and eventually develop some defects. That's what I read somewhere.
EDIT: According to blueskull's post, only alloys containing bismuth are sensitive to Pb contamination. Also, as Dave (
EEVBlog #180) and others say, don't bother with Pb-free soldering if you don't have to.