Yepper! and 1/35th scale, 54mm or there about, is far larger than 28mm or 15mm gamer scale. If that is your preference, by all means give it a go, I do not wish to discourage anyone that is willing to step out of a comfort zone, and try new things. (I use stencils for my 1/20th scale Formula 1 race cars tires of the 70's. I am quite satisfied with the look, as the logo was actually spray painted on in that era, and none to neatly at times, which fits in quite nicely with my ability!)
Once you have the system of decals down (bad pun intended), you may feel differently.
I also can recommend Archer dry transfers, rub on decal system, a google search should yield results. I have used his letters with great success on different projects.
Good luck! please let us see your results!