Yes.
The separation of the different colors is an effect on the different colors of light called Dispersion. Dispersion simply means that light of different colors travels through the glass at different rates of speed. The rate of speed that a color of light travels through the glass also determines at what angle it is bent as it transitions from the air and into the glass. On the Pink Floyd album cover, it shows red traveling the fastest in the glass, which produces the smallest change in angle between the incident "white" light and the separated colors. Blue travels the slowest of the visible colors and therefore makes the largest bend when it enters the glass prism. Each color propagates across the glass prism and the light is then bent again as it exits the glass. The angle is again dependent upon the speed that the color of light travels inside the glass. In the air there is no dispersion of visible light that can be observed by eye under normal conditions. That means that all the colors travel at the same speed in air.
This Wikipedia article is useful if you would like to learn more in depth information about this subject.
http://en.wikipedia.org/wiki/Dispersion_%28optics%29
The Glass Bead Game - album - was created in 2008-11.
Leona Lewis's new album is called Glass Heart. Her new single is called "Collide".
The Glass Passenger was the album released in 2008. The earlier album was Everything In Transit which was released in 2005.
"Stained Glass Maquerade" is by Casting Crowns. It is from their album Lifesong.
Leona's new (3rd) album is called Glass Heart and will be released in late 2011.
Hour Glass - Hour Glass album - was created on -19-08-06.
Looking Glass - Looking Glass album - was created on 1972-06-06.
Broken Glass - album - was created on 1996-10-29.
Lord Cut-Glass - album - was created in 2009.
World of Glass - album - was created on 2001-09-25.
Through a Glass Darkly - album - was created in 1978.
The Glass Bead Game - album - was created in 2008-11.
Looking Glass - Fay Hield album - was created in 2010.
Willison Glass has written: 'The album'
Through the Looking Glass - Jefferson Airplane album - was created in 2000.
Dirt - Kids in Glass Houses album - was created on 2010-03-29.
The song "Through The Glass" by Stone Sour is part of the second's band album - Come What(ever) May