Yep, but you need to reencode it. Follow the DVD to DVDR Tutorial. In DVD2SVCD's Frameserver Tab, select Edit as Part of Video Encoding and strart the encode. When the window pops up (just after Audio extracted/converted) change the line from:
to this and include the 2 extra lines:
Change the number 480 (NTSC) to 576 if its a PAL conversion. This will remove 16 pixels from left and right sides and add in black bars in their place.