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They sure are. They've always been a strong tanking class when done properly. Now we have access to a wider variety of sets, and more versatility through CP.
My magiacka nightblade is able to tank trials, and dps them with the change of gear. I would say its very viable. Resistance is capped, I have enough magicka recovery with siphoning strikes, so my resources never run out, and veil of blades 30% mitigation to all damage, it not a dk magma shell but I prefer nightblade tanking just for the sake of resource management.
Flawless Conqueror 6 times over.
All HM clears and PvE titles - Angler.
PvP all factions.