Yes, it is the same basic concept. The difference is that size permits a really comfortable cruising interior and also the seaworthiness to be an offshore boat even if this seems to me like a sail machine not to be put in the hands of a novice sailor.
I guess that with some wind you can only put the power on if you have your hands on the sheets and that at night, or when you are occupied with another thing, you better reef those sails.
But as have said an old (70 year) Dragonfly cruiser to a friend of mine when he asked him if that was not a too powerful sailing boat for him:
Well, I can go slower, but you cannot go faster
Regards
Paulo