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I believe that is the new name, yes. There used to be two editions (both free and one limited -- don't know why anyone used the baby edition).
Mobipocket reader can do some conversions, but is much more limited and doesn't let you properly edit the metadata.
With Creator, you split out the raw HTML (and it dumps those pesky header/footer sections) and can even edit that if you wish (but I seldom do, unless there is a bit issue).
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