ActRaiser2 is compared often to his predecessor and is a very underrated Game, but once you stop the complaining about the Better Controls and More-In-depth Combat System [Yes, a bit of sarcasm] then you'll enjoy this piece of art.
Of course like the most of the old school games the difficulty is insane, so make a TAS for this game is something really amazing, this TAS have the most perfect routes and Pasky only takes damage when is absolutely necessary to save time, so nothing is LAM3 here.
Definitely my vote is Yes and if this TAS is not approved then lamentably will not be AR2 TAS because this can't be done so much better.
Look, unfortunately we don't have a Mario[any], Battletoads[Nes] or SOTN[PS] here, this is a long game, there's no warps or glitches to jump levels or bosses through the game (as far as I know) consider that before you vote 'Meh' or 'No'.
Nice work with the comments and notes.