Ok, so I'm not too good at explaining technical things, but let the geek-out begin! xD yes, the lightsaber (as seen in star wars) is possible, but lasers have nothing to do with it. the term "laser-sword" is something of a misnomer, and a common misconception. A lightsaber works by generating an arc of pure energy in a loop outwards from the blade emitter. The arching "loop" of energy is contained within a cillindrical electro-magnetic field also emitted from the hilt. This constrains the arc of energy into a long blade-like shape, the lightsaber blade. (A lightsaber blade could not be made of plasma, as there is no way to contain the plasma at the end of the blade length, ie: "cap it off") The electromagnetic field will pass through nearly any substance, carrying the entense energy within it's confines through the material in a precise linear fashion, the heat of the energy expended in the cut will melt away just about anything in it's path, making a "cut" in the material much like a welding/cutting torch. The energy running in a closed loop through the system means that almost no energy is expended from the power source except when a cut is made through something. Because the electro-magnetic field is invisible the the eye, all you would really see is the bright arc of energy that is the blade, but when two of these blades are crossed, the fields (theoretically) repell each other, causing the two blades to stop on each other. In this way, the weapons could be fenced with in various fashions. The length of the blade is determined by the size (intensity) of the arc (which theoretically could be kept nearly constant while active) and the distance to which the field is strong enough to contain the arc. The arc within the field, when activated, would have to come up to full intensity to produce a certain length of blade. This would give the visual sense of the lightsaber "extending" and "retracting" when turned on/off. All these technologies, I think are possible (most already exist to some degree) the main issuse is making all this complex tech compact enough to fit in a roughly hilt-sized "sword handle" I think the lightsaber is entirely possible
(of course, it's not like I'm a briliant physicist, so there are many kinks and potentially VERY dangerous flaws in this design that I can't acount for...plus I'm tired of typing now, lol) But that's the rough idea of how a genuine lightsaber works! I think we're much closer to the beam-katana "laser-sword" idea tech-wise, and I'd be very happy with that! (don't get me wrong) but it has quite a few flaws as a weapon. And I know I'll be holding out for my "more civilized weapon, for a more civilized age" yet to come. Come on SCIENCE! Don't let me down here!