Yeah.
Basically Volume gives you more ability, but it's laggier (it has more to do). The IconBank is a special, simple case SOE made to reduce UI lag for simple things that will use IconBank.
As for learning XML... my advice is to look at the work of some of the great authors here, like Zonx, gm9, Faetyl, etc. and learn by example. Thats the best way that I've found so far =)
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