You would lose a lot of available travel as the damper rod and bottom of the air spring dictate the maximum axle-to-crown, (ie your a-c will still be the same as the with the old 26″ lowers on, and the amount of stanchion showing will be about 35mm less than it was), and as an absolutely critical safety feature, you would also need some way of putting a spacer/bump stop inside the positive air spring chamber to stop the wheel fouling/catching on the crown when the fork is compressed. (maverick do this but I don’t think their spacer kit would be bodge-able into a rockshox fork). Even if you managed all that safely your 150mm 26″ fork would end up being about an 80mm 29er one.
More trouble/cost/risk than it’s worth imho.