Is Final Cut Pro HD Production Suite the same as Final Cut Studio?

I need to get Final Cut Studio 5.1 Universal (for use on my new Intel based Macbook Pro). I currently have Final Cut Pro HD Productions Studio. Is that the same as Final Cut Studio? The cost of upgrading when you currently have studio is $49 as opposed to $199 for upgrading to studio from standalone Final Cut Pro HD. I don't want to have to spend an unecessary $75. It does appear that what I have is the equivalent of Studio, though it doesn't say so on the box.
Thanks in advance for an answer. I've never used the forum before. If it would be useful to answer offline, my email is [email protected]
Thanks! Inga

Welcome to the forum!
Going from my memory (or lack, thereof), the "Production Suite" included FCP 4, DVD-SP 3, Motion (version 1) and the normally bundled apps; Compressor, SoundTrack, LiveType and Cinema Tools. During the time that the "Production Suite" was available, the main pro apps could also be purchased as individual titles.
Final Cut Studio includes FCP 5, DVD-SP 4, Motion 2 and the bundled titles; Compressor 2, SoundTrack Pro, LiveType and Cinema Tools. With the introduction of the "Studio" package, Apple discontinued the availability of the individual titles - the package became the ONLY way to get them.
So while they aren't the same, it's essentially the same concept of marketing all the pro-apps in one package. If you have a license for the Production Studio, the cost to crossgrade should be $199.00 (according to: http://www.apple.com/universal/crossgrade/ ).
-DH

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