Yes, but only around 10% faster, and only when you're sure the passage concerned is down perfectly at the required speed.
Spending (wasting!) time in the recording studio is no good - especially if you're the one who cocks up, and the rest of the players have to wait for you to get it right. Ideally, unless it's totally improv, where you can make it up on the moment, you need have your part down pat, and if you can achieve that at a (slightly) faster tempo, it proves you know it all well enough to relax a little when you all play at the agreed tempo.
Go for it, and be able to do it on auto-pilot, so to speak. That way, you can be sure your part is perfect, and you can then concentrate on dynamics, and listening to what everyone else is playing - an important part of playing in a band, would you believe!