Depends. If they're supposed to synch up exactly so that characters make contact properly, no. With five different races, plus the differences between Hyur clans, plus both sexes, plus a height slider in character creation, the work to make every possible combination function correctly for even one emote is too much for something we can exercise our imagination to cover. The developers have many things better to do.
If we're talking about a more general set of animations that don't need to synch up right, sure, that's reasonable. It does rule out some, like hugs, because that would be thoroughly unconvincing unless it's done totally right for those specific character models. Something like a slap and a slap-react emote could be fun. The slap doesn't need to make proper contact any more than combat animations need to. So long as the characters are facing each other and kind of close-ish, that's good enough for an MMO.
If we're talking about a more general set of animations that don't need to synch up right, sure, that's reasonable. It does rule out some, like hugs, because that would be thoroughly unconvincing unless it's done totally right for those specific character models. Something like a slap and a slap-react emote could be fun. The slap doesn't need to make proper contact any more than combat animations need to. So long as the characters are facing each other and kind of close-ish, that's good enough for an MMO.