If it were to happen, then yes, it should certainly be an option, though to clarify, you can use the Library without the Compiler, and the way things are written now, the only file from the Closure Library that your generated code would depend upon is the bootstrapping base.js file. (Though it may also depend on array.js down the road -- see the section "Leveraging More Closure Library Built-ins" on http://bolinfest.com/coffee/features.html.)
But I think it's completely fair to wait until it's "finished" before trying to upstream it, as Jeremy suggests. It will likely take a bit of refactoring for the CoffeeScript code to support "plugins" such as these. As you can see, I'm just spraying "if o.google" statements in https://github.com/bolinfest/coffee-script/blob/master/src/n... to get things done right now, which would not be acceptable to upstream in its current form.