I can't imagine why not. As long as you don't release as your own work, then you're fine. People download websites all the time. Just keep in mind, it won't fully work. Anything that requires server-side work isn't going to happen.
You may have issues if you're using Windows: some filenames of the Reference will contain forbidden characters, such as "<". (Of course this won't be a problem if your website copier is smart enough to rename them and the links to them.)