Blockquotes in lists?

[Richard Lawrence <richard.lawrence@berkeley.edu>]

Dear Orgsters,

Is it possible to embed blockquotes inside list items, so that (e.g.)
they are indented beyond the enclosing list item in LaTeX exports?

So, for example, the following Org list:

* Some headline
  - list item 1
    #+BEGIN_QUOTE
    A great thing was said!
    #+END_QUOTE
  - list item 2

will export to LaTeX as:

% ...
\begin{itemize}
\item list item 1
\end{itemize}

\begin{quote}
A great thing was said!
\end{quote}

\begin{itemize}
\item list item 2
\end{itemize}
% ...

but what I would like is:

% ...
\begin{itemize}
\item list item 1
  \begin{quote}
  A great thing was said!
  \end{quote}
\item list item 2
\end{itemize}
% ...

Is this possible?  If so, what am I missing something?  If not, should
there be a way to get this behavior?

Thanks!

Best,
Richard