I'd say that's possible although scuttlebutt is that one concern GM has with putting MR on the Z06 is the weight. My understanding is that MR shocks add about 13lbs to the car. It might not be until 06, that we see MR on Z06, if they can reconcile the extra weight.
One reason is right now Lord Corporation (who developed the MR fluid) and Delphi Automotive System (who builds the system for GM) hold most of the patents on magnetorheological fluid and it's application to ride control devices. Right not we're talking, oh...tens of thousands of units annually in Corvettes and Cadillacs but, mark my words, by mid-decade we may be talking millions of MR systems in trucks and SUVs. I wish I owned a share in Lord Corp.
Indeed
I'll publish a lot more information next spring in an issue of C5 Registry magazine and then on the C5 Registry web site.