yes you can but it is a long process
you first need to add the msm modules. I have a list for you if you need
then you also need to get a copy of ORCA to hand edit the MSI file that is output by Visual Studios.
on top of that you need to include a script inside the setup to name the instance of the SQL server the MSDE installs and then you need to change the password on it.
if you (or anyone else) is still interested, let me know and I will list everything here, but it is a bit of work.
Nader Hamzei