I'm going to assume that it shares more or less the same syntax as all the other BASICs, in which case I'll answer your question with a general "Yes" - though I've done a lot of VisualBASIC 6 coding, which is event-driven rather than OO. For a 'toy language' though, it's incredibly powerful.

Once you've got your head around OOP, move onto something more popular and widely-used, like Java or C++ (they may horrible languages, but that's what a lot of the world is written in... well, for the next for years or so, and then the wheel will turn again and Java will be replaced in Universities by a different language, which will filter its way up the food chain and take over, until the next langauge... and the next... and so on).