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Long time since I've heard that name. If you need it (various non-.zip compressed files in Windows - tar, tar.gz, tar.bz2, 7z, sit, rar, etc) it is worth it, otherwise 7-Zip does all the same stuff and is Free and Open (and cross platform).
Windows has been able to handle plain .zip files (allow you to explore as a folder) for a couple of versions now.
What app were you trying to download that claims it needed WinZip?
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