If you're gonna use it as a mixed attacker, I seriously suggest that you use 2 physical and 1 special attack. If you're not gonna use its 130 base attack at all, well, go for it but I seriously hope you know what you are doing. Its base special attack is a mere 80, in case you were wondering.
Just one point? If it's in speed, it can. If it's in HP, it can depending on whether or not it's a sub user. If it's in anything else, not really. You DO mean it's missing one point, not one IV, right? Because missing the IV can hurt.