I don't think it would look right tbh. IMO the main feature of the SRT8 is the low front facia and the vehicle being all hunkered down. It looks.....sporty.
But if you lift it it would look like........well
Off topic: Coop. Scott have/had those fender flares. He got them from Germany and was supposed to get them molded and reproduce them in the US. But that didn't work out.
Don't know what he did with them though, but I was interested in a set of them as well.