Yep. With Microsoft stuff, they tend to call the free downloads 'operating system components' to make it sound more reasonable. They can't use that dodge with products from MSNBC, though, so it looks more ham-handed there.
To be fair, it's not just Microsoft - Macromedia does it too (check out the license for Shockwave sometime); in their case, they do it to protect their sales in the embedded market.
Still can't say I like it much (and watch me duck the actual work you asked for...<g>).
Jer