You're right there is a difference. But I have a problem taking in what I'm hearing unless I repeat it in my head a few times. I don't have enough real time computational power to physically write the stuff down and process what I'm hearing.
When I was forced to take notes I never actually transcribed, but in effect what I wrote down was practically transcribing because I could not keep the processing in real time to write down only the important points.
Sadly, there's very little emphasis on what it means to take good notes, or how to go about doing it. I suspect that good note-takers don't even realize that there's a difference between notes and transcripts, so when they promote note-taking as a study tool they neglect to mention a critical step. You probably could become a good note-taker with some practice, and would benefit from it, but if you're not still in school I doubt it would be worth your time.