I think they’re the same. I bought the Vista Ultimate OEM version in UK (from France) and the US version was exactly the same product number.
Half price, I guess it depends on where you buy and what version you buy. The Ultimate OEM version cost me about €200 with shipping and VAT from UK (£123 including VAT + £10 shipping), it would have cost me €160 w/o tax if I had it shipped from the US. With some research I would have certainly found it a little cheaper but not half-price. Office prices may be different I don’t know.