Yes and No.
If Rev and its software are allowed to output HD resoultions, then yeah. But HD is in 16:9 aspect ratio, and PC monitors are generally 4:3, so that monitor isn't going to like the incoming widescreen video.
If Rev has VGA monitor support, you're most likely gonna get 4:3 resolution, at 1024x768, for example. Here, you have a nice resolution, but it's not compatible with HDTV's. BUT, as an alternative to a PC monitor, it'll work great with a compatible projector that accepts VGA or HD signals.