Yes. The simple, classic version really does work best.
2 Vodka
2 Triple Sec
1 Cranberry Juice
1 Lime Juice
Then flame a piece of orange peel over the surface. This is almost like the "secret ingredient".
Use a vodka like Absolut or Finlandia. Keep it in the freezer. When you use it, it has a wonderful viscous consistency, and it's cold.
Always have a bottle of good quality Triple Sec in the house. It is essential for so many great cocktails,
Use freshly squeezed lime juice, not lime cordial, which is sometimes suggested. Lime cordial doesn't work.