Pretty much.
For the sake of nostalgia, I downloaded an Encarta 2000 ISO form Internet Archive, then spun up a Windows 98 VM to run it on but that VM had a lot of sound issues in Virtual Box, then I realized that Encarta would also run just fine installed on Windows 11 lol.
This kind of backwards compatibility is not something I need on a daily basis but it's pretty neat that I can just run very old SW on my main OS without fiddling with VMs.