Absolutely -- which is, I suspect at least in part, why it hasn't made it to 2024 yet.Shadowblade was fairly borked if you 5MWD.
Being in Xanathars limits its appeal though. Players are dimly aware it exists and don't tend to abuse it anyway as you have to mix it with SCAG which is kinda rare/obscure now. Tashas nerfed the combos.
My point is that its interaction with the 2024 True Strike is not ambiguous.