Konami doesn’t think so.

Kokken no Majutsushi / Timesword Magician

Dark Spellcaster / Pendulum / Effect

PS2 LV3 1400/0

Pendulum Effect:

(1) Each turn, the first time a Pendulum Monster(s) you control would be destroyed by an opponent’s card effect while this card is in the Pendulum Zone, it is not destroyed.

Monster Effect:

(1) When this card from your hand (and no other cards) is Pendulum Summoned: You can have this card’s ATK become double its original ATK.

(2) Once per turn: You can target 1 monster on the field; banish both this card and that monster until your next Standby Phase.

Source: Maxut

You can (and should) also discuss this on the FOrgrum!