I have done some digging after my initial post and have found multiple videos showing the diferences between the two. Even NERD's website describes the Butter as being "similar" to Lessers. I know they are alike such as with Black Pastels & Cinnamons, but there seems to be enough information to suggest that they are not exactly the same.
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Don't go looking for snakes--you might find them.

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• Butter X Lesser breeding - 4ktung, Sat Feb 13 12:31:02 2010
• I hope this isn't a serious question - serpentmorphs, Mon Feb 15 17:05:38 2010
• RE: I hope this isn't a serious reply - 4ktung, Tue Feb 16 16:18:02 2010
• RE: I hope this isn't a serious reply - serpentmorphs, Tue Feb 16 19:17:18 2010