In reply to squicky:
I think just basic physics proves that pulling requires more force on the fingers than just hanging. How much more I don't know but I think it's significant and will depend on speed and acceleration. Theoretically one could do the pull up extremely slowly to minimize the force on the fingers and perhaps the extra required force wouldn't be that much greater. But that would require a longer hanging time and in the real world it's not an efficient way to climb.
Doing pull ups on a fingerboard is definitely not the same as just hanging. Even if you're really good at doing pull ups on a bar and can hang a reasonable time on an edge it doesn't necessarily mean you'll be able to crank pull ups on the edge for the same amount of time you can hang on it.
I know this because my early training of pull ups was on a bar and was reasonably strong and when I came to do them on finger edges I was totally rubbish, despite the fact I could hang the same blocks for a reasonable amount of time. I guess its down to specificity.
Personally I think doing pull ups on edges is much better training for climbing than simply hanging (though of course you might well do both).