In theory yes, just go to another registrar and use their "transfer domain" service. If they are any good it should be as easy from their end as renewing. However in practise some registers have all sorts of checks to ensure that when a domain is transfered away from them it is genuine and not being stolen (and I would guess that in some cases this is to discourage you from moving your domain from them). If your old register does this, it may take more than two days to jump through all the hoops.
However if you do decide to transfer, do it quickly. I know from bitter personal experience that it is a lot harder to transfer a domain in the "grace" period. I lost an important domain that way once (and as this was 80% due to my own stupidity and only 20% due to the register I am still kicking myself over it).
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