No it is not.
The weapon system uses a different rig, and animations of what the player can do are in the gamecore/guns folder.
Inside each gun folder is a gunspec.txt file. But to change the animation of the gun and arms, you will need to rig one in a model program and them animate it. Then you will have to change the gunspec.txt file to match your new model.
the gun mesh is called hud.x
Intel(R) Core(TM)2 Quad CPU Q6600 @ 2.40GHz, 2400 Mhz, 4 Core(s), 4 Logical Processor(s), 8gb RAM, Nvidia gtx660, Windows 7 Pro 64bit