[quote=IncredibleBee]Actually that's a misinterpretation of the quote "Sufficiently advanced science is indistinguishable from magic." It does not mean that magic is science. Magic has to do with the arcane and regularly breaks the established laws of nature, usually the law of conservation of mass/energy. Science is fact. Hard sci-fi is based in fact, and generally entails technology we expect to be available in the next one or two centuries (see Cowboy Bebop). Soft sci-fi is further on, but still has some sort of scientific explanation (see WH40k.)[/quote]
No, not really. You can achieve the same ends with magic that you could with science for the most part. The way it gets done is just different.

Science achieving what magic can on the other hand is more wonky, and can stray into the applied phlebotinum area really quickly though.