Photoshop - possible to punch objects through pics?

Hi,

I have a picture here and I want to cut out certain parts of the picture in a certain shape.

I layed the layer with the shape that I wanna cut out on top of the image.

Now, I was wondering if it is possible in Photoshop to punch objects through pictures or other objects ?

I know that there is an option in Fireworks but it only works with shapes (as far as I know)…

Or is there another way to create multiple shapes and turn them into a marquee to cut those paths out … ?

Thanx for your help in advance !

Mike