Ok, here's an obvious approach -- not sure how it stacks up against the gs default matrix tween:
var el = $('#el'),
props = {x: 0, y: 0},
style = el[0].style;
TweenMax.to(props, 0.7,
{x: 100, y: 100, ease:Back.easeInOut.config(1),
onUpdate: function(){
style.WebkitTransform = 'translate3d(0px, ' + props.y + 'px, 0)';
}
});