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They both install the same thing. The redistributable has all the files with it and the web installer downloads the files then installs them. You really shouldn't even need the files. If a game requires them they will be included and DirectX will be updated when the game installs.
Seldom do you actually see any performance or stability improvements from the minor updates.
The latest package for DX is the April Redist package... I don't know why you're mentioning stuff from February.
The latest package for DX is the April Redist package... I don't know why you're mentioning stuff from February.
Basically don't worry about it, just run the DX installers that come with games. Older DX can't be installed over newer stuff so don't worry about it doing that, it'll update if it needs to, do nothing if not.
This is a thread from February - someone did a necromancy job.