Yes,
in the case of a known fixed offset from camera center to GNSS antenna like for example the Phantom4, the measured offset in Z is 17 cm and can be input in camera calibration if your airborne GNSS positions refer to antenna.
In case of varying barometric altitudes from DJI, this offset is variable and so using a fixed off set would not be appropriate...
Hope this makes sense!
But it's not variable, or it's only slightly variable. My thinking is that the offset at least reduces the error introduced by the massive offset in the EXIF data
From testing it seems like I was right. When I have metadata values low by 60 meters, I have to put in +60 meters in that field