Possible without warping ? Very, very, slim in my opinion but I'm also a hobbiest with only so much time welding and haven't experienced using something like smaller mig wire (I've always used 0.30" wire but they also make a 0.21" or so wire).
The amount of warpage to me should also decrease with a shorter stitch weld. It should also decrease with the more experience a person has welding. With small amounts of warpage sometimes a little hammer and dolly work can get some or most of the warpage worked out as well as using a shrinking disc.
With little experience with body panels you might find out like I did you think you got most or all of the warpage out only to find out after a coat of sanded down filler there are some high spots that might need to be tapped down.
If you place your cut line in an area you can get to the backside with a hammer or dolly it would be better than placing it elsewhere in that it makes it harder to work the area with some tools.
I had bought half quarters for my 74 only to get one side most of the way welded on but ended up cutting it off, selling it to another person that only had so much money but I told him he will spend more time I think putting that one on, making it right to where buying and installing a full quarter while costing more might be easier to install and finish off.
There's always a cost, time, and availability scale to repairing a car I think. What you might save in cost for the part may take longer to install but if a better part is not available then you have to use what is out there.
Jim