Sure, it is. But then you just pick a lower levelIt is an unrealistic level for tweeters in music conditions.
You don't do these tests to listen to themFor the same reason (but arguably there is a lot more power then) one tests speakers or adjusts EQ using pink noise and not white noise.
White noise at high levels also isn't particularly pleasant to be aroundthe same goes for multitone at high levels.
Obviously notYes, for testing at 5W the regular multitone is fine (tweeter would see around 0.5W).
Would not recommend to test multitone with speakers near full power in >50W amps though as that tone is continuous where music isn't.