Yes, they are effectively the same.
This is because the SAT has been massively dumbed down since 1994. Back then, scores of 800 were difficult in any one section, and there was no superscoring. Score differences of 50 points were meaningful, and the test was difficult to coach.
If colleges wanted to know the real differences between students at the top end, all they would need is the pre-1995 SAT. They don’t want that, apparently.
EDIT: I just saw that debate4ever said the same thing.