not at all, beejaybee, the live footage shows the same thing (though not necessarily from the same angle) but a substantial amount of the broadcast is background chat, analysis, crowd interviews and so on; and even the live footage can be handled differently, as when ITV repeated the first kiss while waiting for the flypast. I notice the Guardian's live blog concluded that ITV came off best, and that Philip Schofield was engaging while Huw Edwards was pompous. This was also my feeling, though I didn't watch all the coverage.