Yes.
Under Help>Freescale licenses:
Product: MCU Wizard and Tools Plugins
Version: 10.2.0.FSL_b03041
Status: Activated
It is a hardware key-based license. It uses a USB dongle and I'm running on Windows 7. I know initially I was told that the USB dongle licenses had a problem with Windows 7, but then I was told by someone else at Freescale that it had been fixed with CW 10xx