Why? A transformer will simply smooth out the spikes and give you an average voltage out. There is nothing uglier than the output of the chopper in a switching power supply and they feed that into a transformer.
I guess I could take a scope to the one I am using and see what the waves really look like in and out. You might get some strange results going into an unregulated supply feeding a radio or audio amp but if this is just going to feed LV incandescent lights I don't see the issue.
