Yes, but keep in mind that you get an initial 41% magicka cost reduction by having 100 skill in a magic skill. then you get a 50% reduction to that if you have the appropriate skill perk. With that build it only costs you 30% of what it would otherwise cost in magicka to cast a spell. Because of this, for me, it's not worth getting 100% Fortify for any magic skill other than Destruction. I can split the other 4 slots into 2 other magic skills instead.
First I stand corrected. Dagmar is right, Highest Fortify enchantment without glitch is 32%, not 37% as I said.
If you want to go 0% magicka cost, then you have to go with enchantment, 4 pieces of 25% reduction.
But as Dagmar says, 30% of the overall cost should be more than acceptable, mostly if you have a Magicka pool of 300+. With Just a little bit of magicka regen enchantment, you will be able to cast spells at will, even chain cast Destruction spells.
So either you go 4 pieces of 25% enchantment and don't have to invest in perks like Adept/Expert Master, or you can put 1 Magicka Regen Enchantment and take those perks. At the end, it is pretty much the same.
It just depends if you need a lot of enchantment or not. You have more perks points than Enchantment spots, but you can carry around many outfits, suited for each purpose. If you are carrying around clothes, it is not much a problem. Light and Heavy Armor will give you more issue though.