Exactly, but a little further info:
Bead blasting uses larger glass beads which get broken and jagged so they actually remove material so is a good process for removing deep staining, major corrosion and thick paint, typically higher air pressure so very abrasive.
Vapor hone uses microscopic (almost like flour) glass beads in a water slurry so they just roll over the surface and clean off small amounts of surface discoloration, corrosion or paint, not nearly as aggressive as bead blasting, usually lower air pressure (I'm using 65psi on Laverda alloy parts) and lots of water leaving a very smooth finish like a dull polish. Anything steel needs immediate protection from rust, alloy looks great left as it comes out and rinsed.