That pose didn't even occur to me. I gave it a shot and well, you can, sorta. Using the handstand right arm, the regular head, and (this is where the problem is) backback left arm, you can come pretty close to something that would look OK for that scene. Since neither of his arms are at all neutral its hard to pull off. Using both handstand arms doesn't work when lowered to his waist at all.
I'd complain that he should come with neutrally posed arms as well, but that's getting awefully greedy on an already excellent and massively accessorized figure. In fact, since he is a bit preposed, I've ended up with a second opener of both Luke and Yoda, so I can have a Luke w/ Yoda in his backpack version, and seperate Handstand Luke and standing Yoda version.