Yes, it's the open-weights embedding model used in all the tutorials and it was the most pragmatic model to use in sentence-transformers when vector stores were in their infancy, but it's old and does not implement the newest advances in architectures and data training pipelines, and it has a low context length of 512 when embedding models can do 2k+ with even more efficient tokenizers.
For open-weights, I would recommend EmbeddingGemma (https://huggingface.co/google/embeddinggemma-300m) instead which has incredible benchmarks and a 2k context window: although it's larger/slower to encode, the payoff is worth it. For a compromise, bge-base-en-v1.5 (https://huggingface.co/BAAI/bge-base-en-v1.5) or nomic-embed-text-v1.5 (https://huggingface.co/nomic-ai/nomic-embed-text-v1.5) are also good.