Yes, but there is a potential for increased expressibility with Chinese characters which I've always found evocative and beautiful --- perhaps if there is some keyword which is long/awkward a character might be a better fit? Or would it work for a user to choose Chinese characters for module names? But also yes, I'm an old-fashioned sort of person as my kids are constantly pointing out, and moreover, it's not like I ever did much of anything w/ the 500 characters which I memorized after my graduation proficiency test (pulled them out for a couple of projects in college...)
\begin{quotation}
\emph{The beginning of wisdom is to call things by their right names.}
--- \textsc{Confucius}
\end{quotation}
Very glad /u/faitswulff mentioned Wenyan (though I'm bummed that there are only simplified Chinese and Japanese translations).