It is possible, however perhaps not obvious. First you need to download the "Mouse and Keyboard Center" executable available on this page http://www.microsoft.com/hardware/en-us/p/arc-touch-mouse#support.
(direct link Win8 x64: http://download.microsoft.com/download/F/4/7/F470FE38-7D5E-4BE2-BCA1-E333C28027A0/MouseKeyboardCenter_64bit_ENG_2.3.188.exe )
Run the executable and install the software. After the software is installed, turn off "Vibration." See image below:
Hope this helps,
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