For Transact XML, yes. But you must make sure that all personalization values are saved to the Acoustic Campaign database using <SAVE_COLUMNS> tags. Otherwise, the Click to View web page displays blank content for all personalization data in the email. This is because the Click to View feature works by pulling personalization information from the Transact database.
There is a delay of a few minutes until the personalization data is available in the Transact database. This is because Transact sends the message first, and then adds the recipient's email address and all personalization data (within <SAVE_COLUMNS> tag) to the Transact database.
To disable Click to View, deselect the check box in the Email settings.
Note: Click to View is not supported for Transact SMTP. You must disable Click to View in Browser for Transact SMTP.