They are not the same. The first one (you probably left out "SQL_" is a SQL collation, a hangover from SQL Server 7.0. From 2000 onwards, SQL Server started offering and using Windows code pages and collations.
See here for some discussion
http://www.developmentnow.com/g/118_2003_9_0_0_463267/how-to-change-collations-to-SQL-Latin1-General-CP1-CI-AS.htmTo use this SQL Server collation (such databases will not work with Reporting/Analysis services)
The option is there on the screen called "Collation Settings" when you install SQL Server. Choose "SQL collations", "Dictionary order, case-insensitive, for use with 1252 Character set.".