Captain Caper, not at all. The Wikipedia entry for Creamed Coconut states that it is "the unsweetened dehydrated fresh meat of a mature coconut, ground to a semi-solid white creamy paste."
Coconut butter is not dehyrdrated. It is a fresh nut-like product, like peanut butter.
I'm 99% sure I found this at Farm Boy. It's basically puréed coconut and it becomes spreadable when slightly warmed. It's a fantastic way to make curries and similar sauces richer. I haven't experimented much yet but I'd imagine it would be insanely good sweetened a little with icing sugar.
warby
Coconut butter is not dehyrdrated. It is a fresh nut-like product, like peanut butter.