Yes. The SWH switch in WHH (Light or full version) is related to the default settings in the Simple Windows Hardening ver. 2.1.1.1 (published in July 2023).There will be no stand-alone SWH, rather SWH-like settings are included in WHH if I understand correctly.
When the user runs WHH for the first time, the application works as default SWH (other WHH switches are OFF).