The short answer is, yes, the physics of disc flight don't change, so the same principles apply to forehand as backhand.
However . . .
As Blake mentioned, the biomechanics are different. It's difficult to throw a nose-down hyzer forehand. That's not to say it's impossible, just an awkward motion. For me, a flat-anhyzer release is so much easier that I don't bother trying to hyzer flip for distance.
I've been experimenting with a high turnover shot lately, with mixed results. I've found that when I consciously try for height, one of two things happens. Most of the time, the disc holds its line nicely until the apex of its trajectory. At that point, my less overstable drivers (X, Z Talons) keep turning, but stop making forward progress, and end up short and way to the left. My overstable drivers (Monster, E Spirit) stall out at the top, and fade hard right or drop straight down. Neither one of these shots is particularly good for distance.
What works for me is to concentrate on ripping the disc low to the ground - no higher than head-level. On an average day, this will get me 350' on a nice tight S curve. When my delivery is at its best, the disc seems to find its optimal cruising height (~15' for a 400' shot) on its own.