[RWP] Running 32 bit plugs in Win7 64 with Reaper 64?

[Indigo]

Hi Scott and any others who run old plugs in Windows 7 64 bit,
I hear that Reaper has its own bridging for old 32 bit plugIns, similar 
to J Bridge, and all you need to do is go to preferences VST and type in 
the path to your folder where you keep your 32 bit plugs.
Can running wonderful but ancient plugs under Win7 64 be that simple?
Thanks,
Indi