Yes, you can create two forms with the same name and/or caption. While the Mi-Forms Client does display the form name and caption, it actually uses the Form ID as the identifier.

While the Mi-Forms Designer will allow you to create multiple forms with the same Form ID, the Mi-Forms Client will only allow a single instance of a Form ID in the templates database. This means if you create two forms with the same Form ID, and import them both into the Mi-Forms Client, only the last form imported will be available for use.