Yes, first you configure your ports into different VLANs:
interface FastEthernet0
switchport access vlan 10
spanning-tree portfast
interface FastEthernet1
switchport access vlan 20
spanning-tree portfast
Then, you configure an IP address on each VLAN interface (or BVI interface for wireless VLANs), eg,
interface Vlan10
description LAN1
ip nat inside
bridge-group 10
bridge-group 10 spanning-disabled
interface Vlan20
description LAN2
ip nat inside
bridge-group 20
bridge-group 20 spanning-disabled
interface Dot11Radio0.10
encapsulation dot1Q 10
bridge-group 10
bridge-group 10 spanning-disabled
interface Dot11Radio0.20
encapsulation dot1Q 20
bridge-group 20
bridge-group 20 spanning-disabled
interface BVI10
description LAN1
ip address 192.168.1.1 255.255.255.0
ip nat inside
ip virtual-reassembly
interface BVI20
description LAN2
ip address 192.168.2.1 255.255.255.0
ip nat inside
ip virtual-reassembly
bridge 10 route ip
bridge 20 route ip
int f0
no shut
int f1
no shut
service dhcp
ip dhcp pool VLAN10
network 192.168.1.0 255.255.255.0
default-router 192.168.1.1
ip dhcp pool VLAN20
network 192.168.2.0 255.255.255.0
default-router 192.168.2.1
Ummm, that's about it - of course you have to worry about your WAN interface, too, and also configure access lists on it. And your encryption & SSID config.
I'll try to dig out an old config I have from installing one of these for somebody.