Using vs lambda

Is it equivalent?

        public static void Using<T>(this T disposable, Action<T> action)
            where T:IDisposable
        {
            try {
                action(disposable);
            }
            finally {
                disposable.Dispose();
            }
        }

        new SqlConnection("").Using(conn => {

        });

        using(var conn = new SqlConnection("")){

        };

in other words, can we replace using keyword with this method?