On an emotional level, I like the idea of a genuinely conservative third party.
But on a practical level, I say no. It has been tried before, and did not suceed. I worked for a time with one of these "third" parties.
There is a more practical alternative. That alternative is to take actual control of the Republican party away from the Gloalists who now run the party.
For many decades, the Repulican party has been in the hands of what I call Rockefeller republicans. These are globalists who are only marginally better than the socialists who now control the Democratic party.
The current Conservative tactic seems to be to nominate conservatives to office, and then vote for them. This has been successful in a few cases, but as long as the Rockefeller wing controls the party aparatus, coseratives will get only lukewarm lip service support. The last presidential candidate was a supporter of socialized medicine (at the state level) who speaks conservatism as a second language.
The strategy must be from the bottum up to succeed. Attend party conventions en masse and elect county officials, including chairmen, boards, and delegates to the district convention, who are actual conservatives. Follow this tactic up the chain, until conservatives control the RNC and can choose a conservative national chairman.
Not possible? If conservatives are not strong enouth to take on the Republican apparatus and win, then we are not strong enough to take on both the Republican and Democrat machines and win.
It is possible. If it is not done, then I see a bleak future for this country in general and for my grandchildren in particular.