Of course yes, since I tested Low radius loop : the power is multiplied by about 7-8 times. It is a little more in surge and a little less in average for figure-eight I also tested with the same kite. Now if a parasail with a Cd of 3 is achievable (and a correct Cl to obtain a correct elevation angle of about 30 degrees), the loop power would be only 2 or 3 times more, for far more control issues, and perhaps more wear. So further study and testing may be worth it.
