It depends on whether the voltage drop across the rectifier diodes is a problem or not. Under light loads, a silicon diode will typically drop around 0.6V and they're two in series in a bridge rectifier giving a total drop of 1.2V.
Another thing to note is AC voltages are normally specified by the RMS (Root Mean Square) voltage. A rectifier and filtering capacitor will give you the peak voltage, which is higher by a factor of √2, so 200VAC RMS in, will give 200√2 = 283VDC out, minus the diode voltage drops.