Almost

recent updates have changed things a bit though
Basically, now what stat you pump (str/dex) is based on your weapon choice. Check here to see the ratios:
http://ladderslasher.d2jsp.org/index.php?g=3Pretty much, pump strength and ignore dex for clubs and swords, pump dex and ignore strength for daggers and staffs, and keep them as close to each other as possible for axes
