The only difference is the way the two decreased stitches lean as you pull the loop through them.
I used wool this time to knit the swatch, so I could block the swatch to lie a little flatter. I also wanted to show how the increase/decrease line makes a good folding point.
I could see working this in the round, with one column of increases opposite one column of decreases, to make a bias headband or something. Edit: Oops. You really can't work this decrease in the round.
In this version, the increase is a little weirder to make. I'll probably make a video to show how it's done. With the other increase, you knit-1-purl-in-the-row-below-knit-1-into-the-same-stitch. With this one, you knit 1, widen the loop and manipulate it in a way that's hard to describe. Anyway.