I say, "No." A lot of Dragonlance stuff is strictly DL. There are no orcs; instead, goblins, ogres, and minotaurs fill the role of minions, and they have a culture of their own. Wizardry, in DL, has its source in the divine. It has no halflings, instead, it has kender, which along with gnomes possess a uniquely DL form of insanity. It is a setting where the practice of clerical magic once dwindled. It has Knights instead of paladins.
In short, virtually everything about it is variant, and it simply doesn't work as a cultural bible for D&D.
Mystara is D&D's Middle Earth, and Greyhawk is its Hyperborea.