maybe, but if you asked me "What is Word", and I replied "you can make a text document with it" would be not a very useful answer.

Sadly, most people just scratch the surface of what OBS can really do. If you really want to dig in to it, it is has the capabilities of a TV Broadcasting Studio for the financially constrained yet fanatically devoted to the cause level of features. I have used it in place of a TriCaster. I find myself constantly amazed at the things that can be achieved with this software to the point that I shake my head and think this shouldn't be possible. And then grin as other people think it was done in a studio.

So, yes, this thing can make a text document.