Of course it is. There are multiple wild and wilder (but also more or less sound) theories on why earth would gain surface gravity varying from changes in centrifugal forces, GEM variations (as in gravity being a function of mass and electric charge), the expanding earth (with some modern geological evidence for it), mass gain through continuous pickup of meteoric material (NASA is gathering data on that), rather bleak theories about bullet impact of a relatively small but dense object, in some variants piercing through the crust (and ending that particular era) and related speculations about change of forces in the mantle, there is the sun nucleons absorbed through pole region and forming atoms thing, others dig deeper into the electric universe theory, gravitational effect of other planets and space objects and so on - plenty to select from - all, without a doubt, much better theories than the current "dinosaurs and everything around them were big for hundreds of millions of years because they were either made of styrofoam like material or had bones made of unobtanium" schtick that we're flatearthing to poor students at the moment.
I think we can all agree that the structural engineers can't explain how sauropods moved, functioned and lifted their heads or how pterosaurs could possibly fly in 1g and botanists are perplexed about how prehistoric trees could grow so high with xylem confined to only the outer 2 inches of the trunk, and by far the simplest answer is - because none of it happened in 1g. Try 0.4, maybe even less. Cheer up and warm up to it people because it explains just about everything you can think of, and there is literally no reason to reject it - not unless you have a scientific title depending on the whole "lightweight dragons fed with extra O2" remaining on the table.
There is no definitive evidence to anything about prehistorical times other than what we found and can see. Everything else is theoretical. They were gigantic, seemingly for no reason. They had a good game on this planet for anywhere between 150-200 millions of the planet rotations around the sun. And then the game stopped and there was a system reboot. Humans stood up some 200,000 years ago, we found the previous gigantic inhabitants of this planet from 65 millions of years ago about 180 years back and then since about last Friday we know everything. But it was definitely NOT less gravity. Because - no, no, no and once more - no. That is so us.
Look at the whole picture. Big animals, big flora, where we find them now, continental shifts, climate changes all the way to long lasting ice ages with massive geological erosions. Everything you know about prehistorical times. Same planet. Less gravity. Different axis. Different rotation speed. Think it over. Find a hole in it. Then report back. Love ya. Bye.
I even wrote it in that very posts you read it in. It's no fun when you guys start bursting your drinks all over keyboards and fistwhack hasty replies without even reading...