Yes, although many report that the screenshots turn up blank. I am told it has something to do with the anti-aliasing setting. Also, you need a program to convert .tga to .jpg or .bmp's.
FRAPS can be downloaded here; Howie's screenshot program is available here. Howie's has the advantage of being able to save in .jpg, which takes less space, however FRAPS is more stable in my experience, and if you register it (and pay a small fee) it'll also save in .jpg's.
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