In stock 1bbl form, yes. 196 (conservatively) with the '60-'61 Hyper-Pak setup, and over the years a lot of people have made a lot more than that with them. High compression, turbochargers, superchargers…it's all been done, and the motor stays together.
They did (245, 265) in Australia. They looked at enlarging the \6 to 246, but a wall in the block got in the way; they didn't want to spend the money to rework it.