If I read what you are asking correctly then no, it won't. An 8x17 matrix has 17 non-ghosting keys available, which with careful selection is enough for a SF-style layout.
What you are missing (judging from your question) is that 3 keys that form ANY square will produce ghosting. I will lay it out in Matrix notation, say your columns are 1 to 17 and the rows are A through I.
A "ghost" key of B2 is generated when A1 and A2 and B1 are pressed, as you would expect.
But, a "ghost" key of D7 is generated whenever B3 and B7 and D3 are pressed, which is less obvious.
(And in reality, newer keyboards will "block" the 3rd key instead of generating a "ghost" key, but that's beside the point.)
Don't feel bad about missing this as the whole issue is pretty confusing. If you haven't read it yet, my (overly long) article at
http://www.mameworld.net/emuadvice/keyhack2.html walks you through what is really going on and how to select appropriate keys.
(If my article is what confused you in the first place, then I'm sorry . . . Post a reply and I'll see what I can do!!!)