Yes, essentially it's the top of a Bic lighter. But, unlike most of the bics available lately, there's no child lock, so it's fairly easy to spark.
other thoughts: allowed (probably) on planes, takes less space, can store tinder, though one could argue that the fuel is tinder with a lighter.
Anyway, it's just something to think about if you feel like adding a slightly different method to your fire starting ways.