Well yes - T4 is a template-based approach that can extract information from different sources - usually from a database (tables or system directories).
T4 VS 2008 - .tt VS2008 VS.
XSLT - XML, XSLT XML, .
XSLT - XSL-.
: T4 VS ( # ), XSLT - / , XML ( HTML PDF XSL-FO).