Yes, I believe that to be the case. I was trying that out a couple of weeks back but could not get anything to resolve a problem. It turned out that a keyboard had gone bad and was blocking all actions. I removed the offender and all was fine without needing to do anything at all, phew. One of the screen options was to recover (or maybe it said reinstall) from a system image stored on a drive.
The Windows RE for Windows 10 is better than those before it. You get a full command prompt instead of just limited commands and you can even launch Windows Explorer if you like. All in one package without any part of Windows being installed.
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