When I look at the documentation, it says that snapshot databases are read-only --
ArcGIS requires read-write access for connections, locks, and selection sets.
The doc doesn't say, but it seems likely that the snaphot will have a different name --
Changing the database name invalidates all the triggers, which prevents ArcSDE
from functioning.
Just on these, I'd have to conclude: No, it's not possible.
- V