Difference between ActiveX and Form Controls.
i) Forms controls can be used on worksheets and chart sheets. Forms controls can also be placed within embedded charts in Classic Excel (though not in Excel 2007). ActiveX controls can only be used on worksheets. ActiveX controls do not work in MacExcel.
ii) The Forms controls aren’t very complicated, and they have been part of Excel for longer (they were used in Excel 5/95’s dialog sheets) than the Controls Toolbox (Excel 97), so it stands to reason that they’d be more seamlessly integrated. Being newer, the ActiveX controls have richer formatting possibilities. Both can link to cells and ranges in the worksheet.