Yes, it is absolutely superb. We've covered it a few times before! 
Something to aspire to.
You want a hyperlink like this, you mean!
OK, just type it in, then highlight it and copy it with Ctrl-C. The 'chain' icon in the toolbar above will no longer be greyed out. Click on the chain and paste the link into the resulting dialogue box with Ctrl-V. Click on Insert and the job's done.