Yes, and not supported through the DAO 3.6 interface to the JET 4 dbms, which is the same engine used by the OLEDB JET 4 Provider supporting it.
Therefore, using the method mentioned by strongm and MS works, because it is not DAO or ADO implenting the locks, but JET 4, where the fuctionality was built into.
I am just not sure, because I never tested it, that if the database is still prior JET 4 format, but accessed through JET 4, if row locks will still work.