No, absolutely. They should have released an update though - their failure to do so makes me extremely wary of their hardware's longevity in general where it depends upon Windows drivers...
...

Make that allowio.exe icd-pclink.exe /a

http://www.beyondlogic.org/porttalk/porttalk.htm

I've just managed to get the extremely dodgy Visual Basic Sony ICD-R100 software to work under Windows XP for the first time, thanks to the piece...