Well yes, but refreshlinks.php takes a LONG time to run and tends to bomb out eventually on my installation...
Just to be sure: be advised that 1.4beta5 fixed some bugs (memory leaks, take a look at http://bugzilla.wikimedia.org/show_bug.cgi?id=1101) with those refresh scripts. If you are experiencing problems, this might be the cause.
-- [[:cs:User:Mormegil | Petr Kadlec ]]