Yes, but not recommended. Use vcredist_x86.exe /extract in Command Prompt to obtain the MSI and CAB files, then extract msvcr80.dll manually. Putting DLLs into System32 is error-prone.
Microsoft no longer prominently lists this package on modern Windows pages. Use these exact official links (as of 2026, they still work but may redirect):
The message on the screen was a ghost from a dead era.