rs, I believe that is the normal progression. Typical MOUs are binding, yet fall short of the fully detailed contract. They can provide a way for each party to be reassured that the other is serious about doing business and can allow certain compensated activities to proceed prior to a full-blown contract being signed... i.e. we'll pay you $XXX to develop a cost analysis and $YYY for a proposed schedule of delivery, etc.
rstring, need to ask a lawyer about that one. I have a feeling that they are some what similar with the major differences being listed in the MOU. With the type of business or non-business application deteriming which one is used. With a letter of intent being used for non-business or personal applications. JMO
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