purana's right ... possible, but slow, it's a hack, and it violates the SLA.
mechy, if you can locate the installer disk for a new-as-possible pre-10.5 Intel Mac (preferably 10.4.9), and the owner is prepared to start over and repartition the hard drive (or invest in an external Firewire drive, which they can use with Time Machine later), it should be able to install 10.4.9 onto it. There's actually no reason why all of today's brand-new Macs can't run 10.4.9, as there's been little or no hardware changes since 10.5 was released.
This gives the user 10.4, it's a full install and not a hack, and as the user is only running one licenced instance of Mac OS X, it also satisfies the SLA
Oh, one other thing: if the OSX Installer DVD you find isn't for exactly the same (albeit slightly older) model, it might not let you re-install iLife and the other associated freebies, so do a custom install and just install the OS itself -- once you're booted into 10.4, you can find the bundled software .pkg on the original 10.5 install discs, and run that to add iLife etc (the bundle installer just checks the machine's gestalt ID, not which OS it should be with).
B.