The short answer is yes, of course you can. Whether you'll like what you end up with better than what you had is another question. There are numerous reverb and kick modules available, I personally am a big fan of the Z-DSP Valhalla room reverb, but I also use the ZVerb and FX Aid modules sometimes for reverb as well. Never used an Eventide Space though. I should mention that the FX Aid modules have some Roland bass drum simulations in them as well as many other effects. But I've never used a dedicated kick drum module, so I can't be of any help there really. If you search Modular Grid for "kick drum" you'll find quite a few though.
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