Basically yes...only MUCH better! I started using the 4627 which is a PITA to handle but with this I add the entire 25# at one time...just slit the bag down the sides, peel it off, dump it in upside down and peel the rest of the bag off the bottom...easy peasy! I am buying another one to have full of my soy wax. With my presto pots I was forever standing around waiting for more wax to melt...this really cuts down the pouring time!