Yes, its possible.
Insert Mac OS X Install Disc (this part should work with OS X 10.4 Tiger or OS X 10.5 Leopard discs).
Reboot. Hold down C key during reboot
Do not start the install. From the Utilities menu, select Disk Utility.
Select your hard drive from the list and then click the Partition tab / button.
Click the Options button and select “Master Boot Record” as the partition scheme. Click OK.
From the Volume Scheme drop down list, select 1 Partition. Select MS-DOS (FAT) for the format (not that this matters since you will reformat it using NTFS during the Vista install).
Click Apply.
Reboot. Hold down the Alt/Option key turning reboot.
When the graphical boot menu appears, hit the eject button. Take out the OS X Install Disc and put in your Vista with SP1 install disc.
Proceed through the Vista install.
When you come to screen titled “Where do you want to install Windows,” select Disk 0.
There will be a message saying that you cannot install to that disk because it is not formatted using NTFS.
Click the Drive Options link. Click the Format link. Click OK in the confirmation dialog.
Now select Disk 0 and click Next.
The Vista installation should proceed as normal.
Once Windows is installed and loaded, insert an OS X 10.5 Leopard disc and install the Windows drivers from Apple.
Thanks to "Derek Hatchard's Information Flume Ride"
Before doing anything with the partitions that Boot Camp builds, read this: http://superuser.com/questions/735713/can-i-safely-delete-this-partition
– Mark McKenna – 2015-03-24T03:57:29.1901One problem with installing ONLY XP.. you can't apply future firmware updates. If you don't want to use Mac OS, I suggest a BARE minimum install of Mac OS first. Then Boot Camp to partition leaving as little as 10GBs for Mac OS, and the rest for Windows. Trust me.. YOU WIIL want the ability to apply firmware updates when they are released. (I speak from experience.) – CornDoggyRob – 2010-11-21T16:04:11.937