No, it’s not.
Not even a fan of convenient respec, in general, let alone of the idea of recreating the main character at will mid-play through.
That aside, didn’t that “feature” in WOTR break the game is some fairly horrible ways?
Which isn’t even surprising, given that a “save game” is usually a collection of variables that summarize (among other things) all your past choices, decisions, things you looted or unlocked, major dialogue choices you made, etc.
Pretty damn obvious that altering that type of data mid-run would mess things up.