No. Not the kind of 3D you want.
You can create 3D anaglyph from regular 2D video that you could view with red/cyan glasses (which I've done), as a kind of science experiment, but there is no support for it in PRE11.
I do not have a 3d tv or camera, so have not read these... but I did save some links to previous discussions... these are for Premiere Pro, but do discuss 3d
-with Cineform http://forums.adobe.com/thread/874014
-but not author http://forums.adobe.com/thread/861752