Yes, but there is a limit if using copper. You can only fit so much into a given volume, and it has a fixed resistance. If you widen the gap, you need larger magnets to achieve the same change in flux. You could effect the rate of flux change by making the diameter of the magnet rotors on an axial machine larger, but there is a practical limit to that as well, and while that changes the waveform, I don't recall that it generates much more power. (there was a post on that a while back, I'll have to review it) For most of us there probably is some room for improvement by wrapping tighter coils, or the coil or wave winding geometry, but there is a limit based upon the materials available. Rich