I just got this machine from HSN (sorry SB.Com it was a mother's day present) and I would say no. It is more for paper crafting I think. My neighbor is a pro sewer and wouldn't use it for that.
You CAN sew on fabric, etc. but I don't think you would get the results you would like. I do LOVE this little lightweight gem, as I am only using it for paper crafting. It is a great little machine.