Sure, that works great if you want to reach for the mouse.
* is the Linux selection register.
+ is your clipboard.
So yanking is just set paste, "+y or " * y, set nopaste. Similarly you can do a "+d in vim and ctrl-v it in your browser or anywhere you can access the clipboard. You can " * d/" * y and paste it with your middle mouse button.
If you paste method doesn't let vim know what's going on, use pastetoggle, otherwise don't.