I've been doing this with sshfs (Linux/Mac) or ExpanDrive (Windows) for years, with whatever my editor of choice is for the file in question.
If you're already logged into the box with SSH then being able to type 'vi file' on the server and have the editor window pop up on your workstation actually turns out to be really handy. IMHO it's easier to set up than sshfs too.
sshfs yourname@server /some/where
How can the setup of bcvi be easier then this oneliner?
But yes, of course you can do the same stuff with sshfs and if that's your preferred tool you should definitely use that.
Rather, the "sshfs" command is the replacement for the "ssh" command, and "bcvi --install" is a complete extra step.