Well, it seems dubious to me because you sacrifice two pieces for a pawn and you get insufficient compensation.
King's Gambit Accepted

Based on what, Myko41782?
I think Black's 9...Qxd4+ was overly greedy, and that 9...Qf5 was better (but only based on some database games I found online, I know there is lots of theory about this position but I don't have it).
And now the queen has to retreat (say to f6 or g7), white plays 11.Bxf4 and is threatening bloody murder.
I agree that Qxd4 was probably a mistake, but after 10...Qg7, I don't see any good continuations for white that aren't just losing. I don't have a good analysis program, but maybe somebody can check the tactics.

The specific line you are refering to is the Double Muzio Gambit. Your move 8.Bxf7+ is dubious because black can simply hold the material while you have only a queen and king in attacking position.
The main line continues 8.d3! Bh6 9.Nc3 Ne7 10.Bd2
Here is a sample game
Based on what, Myko41782?
I think Black's 9...Qxd4+ was overly greedy, and that 9...Qf5 was better (but only based on some database games I found online, I know there is lots of theory about this position but I don't have it).
And now the queen has to retreat (say to f6 or g7), white plays 11.Bxf4 and is threatening bloody murder.
Yes, I agree. ...Qxd4 was too greedy but after Queen retreat to f6 or g7, neither I nor my anaylsis program can find a good line for white that isn't losing.
What do you think would/could happen after this position, to leave white even better off?