Wordpress - Is it possible to display posts within a seperate directory to the pages? -

I am creating a website using WordPress and thinking that posting and archiving is possible to display or No (IE / 2010/09 etc.) in a separate directory for the rest of the site.

Example:
domain.com/blog/this-is-a-blog-post/ domain.com/ blog / 2010/09 /
domain.com/about-us-domain .com / products

Does anyone know if this is possible, or before or I have done elsewhere, I would be very commendable

Then apparently it can be done with a rewrite and using a few pieces from here:

< / Html>