I wouldn't.* Not because I'm a big fan of Revere, but because I have no faith at all in McLouth continuing his hot start.
he's currently hitting more than 50 points above his career batting average, and almost 30 points above his best season. There's a reason he's only kept a full time job for an entire season one time in his career, and it's not just his injury history.
For the rest of the season, I expect Revere to beat him in batting average, runs and steals, while McLouth will have the edge in HRs and neither is a significant source of rbi.
*my thoughts are based on which guy I'd rather have for the rest of the season. However, there's a decent chance you can pick up McLouth and flip him in a sell-high deal, and there probably wouldn't be a rush to the wire to grab Revere after you cut him.
"If you can't spot the sucker in your first half hour at the table, then you are the sucker."
-Mike McD, Rounders