According to their website, Mozilla says:
SeaMonkey® is the all-in-one application formerly known as the "Mozilla Application Suite", containing a web browser, a mail and newsgroups client, an HTML editor, web development tools, and an IRC chat client.
Probably the SeaMonkey browser is not as full featured as FireFox 3.0.9(current), because SeaMonkey is trying to be a "Jack-of-all-Trades".