Is it sensible to use a ramdisk on a build server?

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At my company we are currently researching various strategies for speeding up our CI builds. We have profiled our builds and determined that we are constrained by an I/O bottleneck. We have quite a few options to deal with that in the near future (~1-2 months) but would really like to see an improvement now.

I proposed using a ramdisk as the checkout and buildfile location. The build outputs and logs would of course be stored on physical disk.

Is that a sensible thing to do or are there significant drawbacks to this approach? I am not looking for answers that regard the hardware side of things but rather than if the interaction between common build systems (e.g. MSBuild) and a ramdisk will cause any issues and if there are other risks I need to be aware of.

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