Yes, it is clearly possible, although there's no docs for merged mining process and existing software and patch to older bitcoind is mostly hack to "get it work" instead of "get it work properly". I'll discuss this in #namecoin anyway. If there'll be somebody willing to help me with re-implementation of MM and removing dependency to bitcoind patches, I'll try to do it...
Thanks. I feel there is much promise there, but perhaps not much need for it... yet.
And, as they say, it is better to have it and not need it than to need it and not have it.
but seemeth dead, he sleeps, and yet he does not sleep,
he has died and yet he is not dead, asleep and dead
though he is, he shall rise again. Again it should be shown that
That is not dead which can eternal lie,
and with strange aeons even death may die.