Is it ok to be really close to a friend of the opposite sex when he or she is trying to start a new relationship?

My best friend happens to be a girl. We first met in college, and now its 8 years later and we are still very close. She is in the middle of trying to start a relationship with a guy who she considers to be her dream guy. She has been coming to me for advice on what she should do, but i feel that should back off, because I don't want to get in her way. Any thoughts would be helpful.
Is it ok to be really close to a friend of the opposite sex when he or she is trying to start a new relationship?
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