Yes it is possible, you can use Microsoft's XMLHTTP Object to get the source of a webpage on a variable, and you can use any email component to send it on an HTML email....
However a see a little problem.... Most websites don't use the full path of the images, ie. they might use something like images/myimage.gif, that would work for them but it won't work on the email, so you're gonna have to go thru the whole source and complete the urls.
<edit> Forgot the link for info on the XMLHTTP Object... :-)
http://www.4guysfromrolla.com/webtech/110100-1.shtml
Edited by fernan82