That’s for sure.
The art will consist of the proposal itself, the rejection letter, the controversy from the State Department and a limp wristed General and the President's press secretary.
If you are asked to provide a description of the work, tell them that it is a photo of a photo of "P!ss Chr!st" and that the "art" is in the difference the two religious figures are treated and perceived by the liberal establishment and difference of the expressions of outrage by the inflamed of the religious followers of each tradition.
It is conceptual since the only "affront" to Islam is in the name of the work itself and plenty of sorry sacks of sh!t have been named Mohammed with no outrage from the muslim world (Mohammed Atta, for example).