But the whole game of airfoil and wing design is to optimize the lift to drag ratio, i.e. how much lift is produced per propulsive power needed. Sure, given enough power, you can just remove wings altogether and simply fly an engine.
It probably (?) wouldn’t increase the drag of the aircraft significantly, but you’re still spinning a cylinder in a viscous fluid and that takes energy. So over all, you increase the power you need to put into the system to create a certain amount of lift. Whether the energy expense comes as an additional propulsion requirement to overcome drag or as an additional motor to spin the cylinder does not really matter if you’re interested in the lowest power expense for a desired lift.