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.
