I am assuming yes since it translates c# into html elements and javascript, however I am not really able to provide with you anymore details then that. I have asked a question on the VWG forums to perhaps help clarify.
http://www.visualwebgui.com/Developers/Forums/tabid/364/forumid/29/postid/68305/scope/posts/Default.aspx
http://www.visualwebgui.com/Developers/Forums/tabid/364/forumid/29/postid/68305/scope/posts/Default.aspx