You can but you would need to make a stop for it. The left side pipe, at least on my 78, has the rubber stop for the centerstand. I am sure something could be fabbed up fairly easy, just dont fab it to the swingarm!
Oh, and if it is just an exhaust change, most likely a jet change won't be needed if you keep the stock box and filter. Even if you do change to a K&N filter in the stock box, you should be ok with just a little twiddling on the idle mix screws and MAYBE a step up on mains.
The ride IS the adventure. The destination is just to get gas!