Yes but I think you might have problems as well with burst mode.
My input is North American only it's my supply; my use only. I've made small floating supplies with a cheap PIC10F controlling a small pulse transformer and floated a driver on it for an SSR. I used the PIC for zero cross detect and to drive an opto for controlling the floating driver. The supply just ran open loop the output was clamped with a zener so it never exceeded the Vgs of the FET's. The footprint was small and I could vertically mount it I guess.
The whole thing only consumed a couple of mA, it wasn't switching though just on/off.
Switching at 100kHz with a PIC and fet driver I'm getting about 6mA quiescent current 3mA or so is probably due to the 78l05 for the PIC.
Avago does make some opto's with totem outputs sink/source couple of amps at least. Depending on what you want to spend 1uS propagation delay's down to the low nS.