It is possible. I'm not up on which apps are Universal yet and which aren't, but the ones to check out are MacTheRipper, Handbrake and YadeX. MacTheRipper is for ripping disks to a VIDEO_TS folder. Handbrake will also rip DVDs, but it compresses them to MPEG4 or H.264 for smaller file sizes. I've used YadeX, but I can't remember exactly how it was different. Anyway, all three of those are free.
I'm assuming you don't yet have your MacBook Pro yet, right?