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Only SmartContent is based on the Edito module.
The difference is the basic concept. SmartSection is a more classical section manager. With categorisations, file uploader, etc.
SmartContent is a more simple version which will allow the user to create simple pages, close to the TinyContent and WFChannel.
Both modules, of course are going to be based with the same spirit and administration concept that you can have with the SmartSuit (SmartFaq for instance).
If you need more informations about this project, visit the
SmatFactory. A discussion about the SmartContent project
started yesterday.