It has the same "basic" functionality, but it also has alot more silly restrictions added.
First off, you can't re-program the POWER button using learning or key moves.
Second, if memory serves, macros are limited to the four "genre" buttons, for no good reason whatsoever, and you can't re-program the genre keys using learning or key moves.
You can get around some, but not all, of these restrictions using JP1 (
[Link: hifi-remote.com])
I recommend that people still deciding on a new remote check out the new line of One For All remotes just starting to hit the shelves (ie, URC-8011, 8811, 8910 and 9910)
Rob.