No, but you still use LINQ style lambda expressions to do more advanced queries involving the EF objects. It's actually a really, really nice blend. If you're doing .NET dev though, take a look at NHibernate. It's been around longer, it's been stable much longer, it has more features... and it actually has a community which is probably EF's weakest point IMO.
I'm old and set in my ways at the ripe-age of 29 and like my sql processed as prepared statements that reside in my data objects. I also curse everytime I see relationships between data that do not boil down to int (size of system's cpu architecture) equivalency checks.
