New Results From Venus Express
Riding with Robots writes "For the past two years, Europe's Venus Express orbiter has been studying Earth's planetary neighbor up close. Today, mission scientists have released a new collection of findings and amazing images. They include evidence of lightning and other results that flesh out a portrait of a planet that is in many ways like ours, and in other ways hellishly different, such as surface temperatures over 400C and air pressure a hundred times that on Earth. The article lists seven papers that will be published today in Nature."
But all that is unnecessary anyway, because Venus' orbit is not too far outside the habitable zone. One could, I suppose, eject a large percentage of the Venutian atmosphere in order to reduce atmospheric pressure, temperatures and greenhouse effects (via controlled explosions, perhaps?). To further reduce and control temperatures would require some geo-engineering. For instance, one could place a huge number of thin solar reflectors at the Lagrange point between the planet and the sun. These thin floating mirrors would reflect away some percentage of the sun's rays, thereby casting a "shadow" of sorts on the planet and reducing temperatures. This would of course be ambitious, requiring billions of lightweight reflectors to be placed into the proper orbit, but it's not unthinkable to do it. (Actually, some people are even suggesting it as a potential solution to control Earth's climate.)
After stabilizing the temperature there would still be many other things to deal with: the atmospheric makeup isn't very hospitable, and it would probably require millenia of active modification to bring it even close to being hospitable to simple forms of life (e.g. extremophiles). Presumably one would engineer these initial life forms so that they would convert the atmosphere as required (especially, to generate oxygen). So, it's probably possible in principle to make Venus habitable... but by no means easy.
http://en.wikipedia.org/wiki/Colonization_of_Venus
"Only one thing, is impossible for god: to find any sense in any copyright law on the planet." Mark Twain