Yes, and it also offers additional features.
It remembers the code you've written/executed (someone correct me please)
(it saves them in a directory called name-cache or somothing like that)
���If you rename the tab you get a file with that name. And you can search for that piece of code later with the Spotter (sfhit+enter)
You can evaluate and inspect something in the same window: try Alt+Shift+G or pressing the little green play button top right.
There may be more features that I don't recall right now.
Cheers.