Definitely not, Jana. It only runs the Rivo-size capsules. They are all espresso types, and it's only designed to pump espresso type shots. The best you can do is a Caffe Americano, which is espresso+water.
The milk pitcher and frothing wand have to be cleaned after each use of the frother. I personally just rinse it out thoroughly and let it dry, or give it a run through the dishwasher when convenient. Also, the drip tray/pod bin has to be emptied every 8-10 pods. Just dump the bin and rinse it and the drip tray. They can also be run through the dishwasher. In all, it's more than a K-Cup machine, but not at all arduous or difficult.