Confirmed.
If you have a system where PointAndPrint NoWarningNoElevationOnInstall = 1, then Microsoft's patch for #PrintNightmare CVE-2021-34527 does nothing to prevent either LPE or RCE. https://t.co/RgIc1yrnhn pic.twitter.com/Ntxe9wpuke

— Will Dormann (@wdormann) July 7, 2021