No, the fliptop is different than that though the boot discs do appear to be the same.  The fliptop involves removing the screws from the bottom, unclipping a wire or two, and then replacing the top half of the ps2 with a different cover.  It also prevents wear on the ejection tray which was one of the main reasons I picked mine up.  I'll ask around about this new device though, when and if I find anything out, I'll let everybody know.