Sure! I would _not_ advise getting the Nexus 5. As noted below in other comments, the image quality and autofocusing speed has much to be desired. The Camera2 API that supports DNG is only available on Android 5.0 phones.
In other words get a Nexus 6, or wait a phone that will get Android 5/Lollipop in the next few months and has a great camera sensor already (Xperia Z3/Z3 Compact, Galaxy Note 4) - or wait for Xperia Z4, Galaxy S6 or HTC M9 in spring.
http://edward.io/raw_nexus_5.zip