Hi
Yes it is possible.
You just have to navigate with the sidebar http://lmms.sourceforge.net/wiki/index. ... 4:Side_Bar to the midifile and drag it into your project.
And in your settings http://lmms.sourceforge.net/wiki/index. ... S_Settings you are able to set the default soundfont file, whitch can be used for the first import.
If you want to use the midi-data in a VST-Plugin:
Change the Plugin (drag and drop from the sidebar onto the other plugin in the song-editor) to VeSTige and load the vst of our choice into the host.
HopeItHelps
Low Budget