Absolutely. Measurables are only a guide. The only consistency determining where or whether a player should be drafted is performance. If a player runs 0.06 below desired or has arms 1/3 inch below should not be what determines whether a player should be drafted at 27 or 34.
Courtney Upshaw does everything the Patriots require of an OLB. He sets the edge, he tackles well, he rushes the passer (there are some question marks about how good he'd be in coverage). Yes he's short and has shorter arms than what is preferred, but game tape says he can do almost everything we'd want. Is he an upgrade over Jermaine Cunningham? You'd better believe it - so there's a spot on the roster for him. Is he better than Ninkovich or Anderson? That's a better question. I don't think the answer to that question can be found in his arm length.
The point of the draft is to make the team better, not to create a collection of perfect specimens.