Can the Father’s Pleasure be Frustrated?

 For it pleased the Father that in him [Christ]  should all fulness dwell; And, having made peace through the blood of his cross, by him to reconcile all things unto himself; by him, I say, whether they be things in earth, or things in heaven. Colossians 1:19-20

I am bold to ask, Can any statement be more clear and decided than that here made by St. Paul? He says that God was well pleased that in Christ should all the fullness dwell, the fullness, that is, of the Godhead, and through Him to reconcile all things to Himself, having made peace through the blood of His cross, through Him (he repeats) whether they be the things on the earth or the things in the heavens.
Is this the good pleasure of God, to reconcile all things to Himself through Christ, and can that good pleasure be frustrated or disappointed?
From “Universal Reconciliation: A Brief Selection of Pertinent Quotations” by Michael Phillips quoting A. R. Symonds, 1878.