Not really. But don't just burn the InstallESD.dmg to the dvd. That won't work (as sundog925 found out the hard way).
Do it this way instead.
After downloading the full Yosemite installer app from the Mac App Store, run these 14 commands in Terminal to create a Yosemite.iso file and then burn it to a dual layer DVD with Disk Utility. You may then boot up from it by holding the option key down and then install Yosemite.
hdiutil attach /Applications/Install\ OS\ X\ Yosemite.app/Contents/SharedSupport/InstallESD.dmg -noverify -nobrowse -mountpoint /Volumes/install_app
hdiutil convert /Volumes/install_app/BaseSystem.dmg -format UDSP -o /tmp/Yosemite
hdiutil resize -size 8g /tmp/Yosemite.sparseimage
hdiutil attach /tmp/Yosemite.sparseimage -noverify -nobrowse -mountpoint /Volumes/install_build
rm /Volumes/install_build/System/Installation/Packages
cp -rp /Volumes/install_app/Packages /Volumes/install_build/System/Installation/
cp -rp /Volumes/install_app/BaseSystem.chunklist /Volumes/install_build
cp -rp /Volumes/install_app/BaseSystem.dmg /Volumes/install_build
hdiutil detach /Volumes/install_app
hdiutil detach /Volumes/install_build
hdiutil resize -size `hdiutil resize -limits /tmp/Yosemite.sparseimage | tail -n 1 | awk '{ print $1 }'`b /tmp/Yosemite.sparseimage
hdiutil convert /tmp/Yosemite.sparseimage -format UDTO -o /tmp/Yosemite
rm /tmp/Yosemite.sparseimage
mv /tmp/Yosemite.cdr ~/Desktop/Yosemite.iso
------------------------------------------------------------
EDIT: sundog925's quote below contains an error which I can't edit out. Use instructions in this post, not that quoted one.