I believe so. The basics are:
In the IDE (1.0, 1.0.1):
Select Tools:Board:Arduino NG or older w/ Atmega8
Select Tools: Programmer: pick the programmer you intend to use, which will connect to the ICSP header or equivalent pins (MISO, MOSI, SCK, Reset, +5, GND)
(I use this one: http://www.mdfly.com/index.php?main_page=product_info&cPath=5&products_id=415
added 2 lines to programmers.txt so it shows up in the list of programmers:
You are of course free to use whatever you have.)
Select Tools: Burn Bootloader.
Have not tried that particular chip, don't know how it will do with the latest IDE and subsequent dowloading of sketch via serial port.
Other option is to load the sketch with no Bootloader using the same programmer:
In the IDE:
Select File: Upload Using Programmer
That will leave you with no bootloader, your sketch will start right after reset.