Seeing as the Greater Spell Disruption lets you add your Charisma mod to the dispel check, as long as you have a +5 charisma mod you could in theory repeat this forever until you have a full arcane pool and never lose any points.
Game mechanics wise; yes, this works.
The problem is, most GMs will probably not let you. You're making a magic equivalent of a perpetual motion machine, creating more energy than you're putting in. Forever.
Which brings in annoying things like using Quick Study to change out all your spells between encounters.