Yes, but if you will notice, the last stable version is date 2009, which is the year W7 was first released, it seems normal that W7 wouldn't be listed. I don't believe that it means that it is incompatible with W7, especially since I have been using it without any problems with W7 until now. I think that something outside of the program itself is wrong, but have no idea of what?
In any case, I have installed the FreeCommander XE preview, and will see if it works any better.