yes, it can be supported.
The Cisco WIC-1ENET card requires IOS Release 12.2(2)XJ or later if the card is installed in any WIC slot other than slot 0 or if more than one card is installed.
The card can be used with Cisco IOS Release 12.2(4)T, but the card must be installed in slot 0 and only one Cisco WIC-1ENET card can be installed in the router.
The MPC 860 microprocessor (revision B5 or later) in the Cisco 1700 series router is required for using the Cisco WIC-1ENET card. This processor has been applied to all Cisco 1700 series routers shipped after November 21, 1999.
Cisco 1700 series router serial numbers starting with JAB0347XXXX, JEU0347XXXX, or JMX0347XXXX and after have been manufactured with the Model MPC 860 revision B5 or later microprocessor.
The serial number incorporates a manufacturing date code. The format is LLLYYWWSSSS, in which:
LLL—Location at which the unit was built.
YY—Year that the unit was built (1997=01, 1998=02, 1999=03, 2000=04, 2001=05).
WW—Workweek of the year that the unit was built.
SSSS—Serial number.
The processor version information is displayed at boot up. You can also verify the processor revision by entering the show version command at the IOS command-line interface Router# prompt.