Posting in the Magento forums has been disabled pending the implementation of a new and improved forum solution which should better serve the community.
For new questions please post at magento.stackexchange.com, the community-run support site for the Magento community. We will be providing updates on the new forum solution soon. For questions or concerns please email firstname.lastname@example.org.
yes ofcourse !! .... the feature still needs a lot of improvement ... but it is available now ...checkout the ‘Dataflow’ forum for more input ... I think there is a screencast as well for import/export of products.