Yes.
Here’s how.
<li id="here">Here
<ul><?php wp_get_links(1); ?></ul>
</li>
<li>15/30 Random Reads
<ul>
<?php get_linksbyname('Reading', '<li>', '</li>', '', FALSE, 'rand', FALSE, FALSE, 23, FALSE); ?>
</ul></li>
The above is from my blog.
<?php wp_get_links(1); ?>
The number in (brackets) is the Cat_ID which you can find from Manage > categories
The second way gets the same sort of result – links from one category – just uses tags differently.
And the
<li id="here"
part means that if you change that for each set of links you can change the style of each set of links too.
And if that is confusing, post back ??