I can't think of why not other than you want to ensure the quality matches up with any expectations of the position for which you're applying. If it's a job that requires video production and capability, make sure it's well done. If it's one that doesn't require it, but it would be nice to have, sure, but again make sure it's well produced. If the job doesn't require a video resume, I don't know that I'd bend over backwards to do one, but it just might be what sets you apart.