I'm considering various ways to partition my data in SQL Server. One approach I'm looking at is to partition a particular huge table into 8 partitions, then within each of these partitions to partition on a different partition column. Is this even possible in SQL Server, or am I limited to definining one parition column+function+scheme per table?

I'm interested in the more general answer, but this strategy is one I'm considering for Distributed Partitioned View, where I'd partition the data under the first scheme using DPV to distribute the huge amount of data over 8 machines, and then on each machine partition that portion of the full table on another parition key in order to be able to drop (for example) sub-paritions as required.