Well, yes! It's possible and I'm very happy. It's a third party app that I've discovered it, because after my pc crashed I lost all my itunes music, together with all my playlists, counts, ratings, videos, etc I was very sad and thought I had to do all over by hand, but with this little tool it just imported the whole thing automatically back to itunes! I think is fantastic! Hope you like it too. here's where to find it and also a video.
Yea there are a few little apps out there that works great, But gotta remember to NOT sync your ipod with itunes until you got all the songs off the ipod, touchcopy works great but touch copy is paying software, but is worth the money, another app that's is free is idump, also tried it.
