No. In theory he would be crippled just as he was in the comics. When he regained control...Xavier could walk but didn't because of all the strain he put on himself to make his legs not hurt in the wheelchair.
From wikipedia about the comics: "This new body has fully-working legs, but he is so accustomed to using his mind to block the previous constant pain of his paralysis that his mind subconsciously gives him psychosomatic pain whenever he tries to walk, which largely keeps him in his wheelchair. Eventually, he overcomes this difficulty and sometimes even joins the X-Men in the field."