Windows 11 still leaves a few things in the legacy Control Panel, but there's less that's only accessible there than there was in Windows 10, and every recent dev channel build has moved more things into the modern Settings app.
More importantly, they've gotten pretty good about linking into legacy Control Panel applets from the modern settings app-- so, even if a setting hasn't been migrated yet, you should be able to find a link to it in a logical place from the new Settings app. That's not new in Windows 11 (Windows 10 is pretty good about it too, for the most part), but the Settings reorganization in Windows 11 helped this along a bit.
W10 wasn’t pretty good at it, and something tells me I wouldn’t find my relevant settings quickly in 11 either. Settings reorganization never helped, I know this because never heard from my non-power-user friends or relatives “oh, I just went to settings and set it up myself, so convenient” even for easy things. It’s always arcane don’t touch it thing for them, every release. And every power user I know basically said “I can’t find shit after every damn release, why the fuck they do that every time???”.
What frustrates me about Windows 10 is that each one has settings which are exclusive to it, so you always need both, and never know where to look.