They are identical except in 3 ways.
- Time Limit (Lite is 3 minutes | Paid is 3 hours) (you can import a song that's longer but you can only play the first 3 minutes/3 hours)
- Pitch Limit (Lite is +/-3 semitones | Paid is +/-36 semitones)
- Speed Limit (Lite is -1.5x to 1.5x | Paid is -10x to +10x)