Like I said, double check the worst case scenario in terms of threshold compatibility. Just to make sure something isn't going to spring a surprise on you if it has a weak cmos output, or bus loading makes VOL creep up, etc.
But yes, I have used it in a design before, I have used the LV1T XOR gate as an input buffer for anything from 1.8V-5V, to 2.5v. The inputs are well behaved when powered down too, no parasitic powering of downstream circuits.