yes, its pretty much the exact same one. I asked someone about it a while back, and there was something about that they have just rebranded the magicshine and put a longer warranty or something similar to provide a cheaper alternative to their other headlamps, but i mean, its still pretty expensive. As for the headgear, it gives more support, but it might not be necessary. the lamp is light enough anyways.
but its not near the 900lm they campaign on. If you want to invest money into a headlamp, consider the "light & motion"
(dont know where they sell the headband for it, but i have seen people with it), otherwise i doubt anyone has regreted buying the magicshine; it seems really decent. besides, the battery issue was fixed.