No. Here are some things you can do with real continuation support that you can't do with generators in Python:

• Pass a continuation to a subroutine, which then invokes it. (You can pass a generator to a subroutine, but the generator can't pass its ability to yield a value to its caller to a subroutine.)
  
• Return from the same function call more than once.
  
• Unwind the stack when, say, you have an error or a recursive search finds what it was looking for.
  

The surprising thing is that it turns out to be possible to implement such a general construct efficiently.