Oh hell yes.

http://www.youtube.com/watch?v=59ZX5qdIEB0

Inspector Gadget in flute-beatbox. With a bit of Axel F to pad things out. Awesome.

Edit: Hell yes! More stuff from the same guy:

Mario Brothers gets the same treatment.
http://www.youtube.com/watch?v=crfrKqFp0Zg&NR

Sesame street to the same beat
http://www.youtube.com/watch?v=clcza815sao

And Peter and the Wolf!
http://www.youtube.com/watch?v=c6SHsF1n9Qw