From the Hibernate docs: "There is no difference between a view and a base table for a Hibernate mapping." To map a view, in your orm.xml file you would simply need table = [your view name]
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This is, incidentally, an artifact of the SQL standard that defines a view as a type of table, so they should operate just like a table (though many SQL vendors to not properly support INSERT and UPDATE on views). This means the same feature is likely to be supported by other ORM vendors.
As for whether or not it's a good idea, if you're already creating an ORM mapping for the raw tables, I would do as BalusC suggests (since you wouldn't need to create a object just to access a view). If the data is not being generated by your application so you don't already have an ORM mapping defined and you only need to access the view rather than the tables that compose the view, there's no reason not to just map the view.