You could give it a swirl, it should be capable of moving it, but these setups are not as strong as the mm setups. a 1/16th truggy is a tad smaller than a 1/10th onroad.
I was using a Novak GTB 5.5 with a 1/10 4wd buggy and that was quite fast but I imagine the CRT .5 would probably be heavier. I'm just in the position at the moment of probably not being able to afford a new charger and lipo cells as well :( An MM setup is usable with 6 cell nimh but not as good as lipo I know. What KV MM would you reccomend?