Yes - the terms are identical
To find out if you have USB2.0 capable hardware:
In Window XP:"Right click my computer, then "manage", select device manager and scroll down to USB controllers. Click the + then look for the word "Enhanced" in either of the host controller listed. If there's 1 with Enhanced, then you have USB2.0 capable hardware.
See the related link for more info about USB1.1 and USB2.0