Yes you can do that with any record.
But just a note on doing this. If the Record is changed in the source the link record does not up date.
I.E
If a NPC had say a +3 Init and the source got corrected to a +4 Init.
When the Player used his Hotbar link his NPC will still show a +3.
So if changes are made the Player would need to delete the hot-bar entry and drop a new on there hot-bar.