Are these 2 statements identical?

Question

Do the following 2 code snippets achieve the same thing?

My original code:

if (safeFileNames != null)
{
    this.SafeFileNames = Convert.ToBoolean(safeFileNames.Value);
}
else
{
    this.SafeFileNames = false;
}

What ReSharper thought was a better idea:

this.SafeFileNames = safeFileNames != null && 
                     Convert.ToBoolean(safeFileNames.Value);

I think the above code is much easier to read, any compelling reason to change it?
Would it execute faster, and most importantly, will the code do the exact same thing?

Also if you look at the : Convert.ToBoolean(safeFileNames.Value); section, then surely this could cause a null reference exception?

this.SafeFileNames = bool

Local safeFileNames is a strongly typed custom object, here is the class:

public class Configuration
    {
        public string Name
        {
            get;
            set;
        }
        public string Value
        {
            get;
            set;
        }
    }

Answer 1

The fact that you asked the question suggests to me that the former is preferred. That is, it seems to me that your question implies that you believe the first code to be easier to understand, and you aren't quite sure if the second is equivalent. A primary goal of software design is to manage complexity. If it's confusing to you now, it may also be to you later, or to whomever supports your code down the road.