Everything I read suggests they are different types of suspension systems. Here are a couple of explanations:
http://www.dieselbikes.com/articles/article_00002.htm
http://mtbiketrail.com/categories.html
Part of the reason I even know the difference is DH's incessant chatter about the Moots YBB. He saw one on the trail recently and has a bad case of bike lust.
ETA: Sorry for the threadjack. Back to our original programming.
Live with intention. Walk to the edge. Listen hard. Practice wellness. Play with abandon. Laugh. Choose with no regret. Continue to learn. Appreciate your friends. Do what you love. Live as if this is all there is.
--Mary Anne Radmacher