I probably would, simply because I could mark light pencil layout lines on the wood for the hole locations and then sand them off after drilling. But, you can do the same thing on a layer of masking tape over the finished cabinets.
If you use a template and a backer board when you drill the holes, you will be fine. The backer board is clamped behind the door/drawer so the bit doesn't, "blow out" the wood fibers when it comes out the back.
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