Those little death traps are unstable enough stock. With a 3 inch lift you would be very top heavy, especially if you added larger rubber (stock sized tires would look stupid). I advise getting a govenor that limits you to speeds below 30km.
In other words ride quality would suck ass and be dangerous, especially if you are the typical kind of driver who adds 3" lifts strictly for show purposes. But I am sure that it can be done.

