Yeah, we do it all the time. It is basically using the VFD as a soft start. One way is to set the CSV to a lower pressure than the set point of the transducer. The pump will run at full RPM and the CSV will control the pressure and flow. When there is no demand, the bypass in the CSV will allow the pressure tank to fill to the PID set point, and the pump will "go to sleep". Then the setting of the "sleep mode" iin the VFD will determine how low the pressure and pressure tank goes before the pump "wakes up".
Another method is to do away with the pressure transducer, and use a regular pressure switch to control the VFD like it is just a soft starter. Then the pressure switch and CSV settings are as they normally are.
Either way you are running the pump at full speed while the CSV reduces the flow and amps while maintaing a constant pressure. Always running at full speed keeps the pump from running through any "critical speeds" that normally causes vibration when varying the pump speed.