No, it is not possible. Full-featured local kernel debugging is impossible by definition: imagine what would happen, if a breakpoint inside a video or keyboard driver (or any other kernel component that makes any critical driver or service wait) is hit: kernel is halted until a debugger resumes it, and a debugger is halted until kernel processes your mouse or keyboard input…
Some limited local kernel debugging (no stepping, breakpoints, etc; basically, no code execution) is supported by WinDbg, but it is not very useful to debug drivers and not supported by VisualDDK.