Affirmative. Actual compact spare. This kit comes with a compact spare rim and a replacement foam insert that replaces the foam insert currently in your car. The spare tire is the right size for the car and fits perfectly into the kit.
These prices were from May '05, so may be higher now:
>> Wheel kit, Part # 06421-SDR-A00 List Price $ 123.60
>> Spare Tire, Part # 42751-GYR-035 List Price $ 69.48
*plus I think it was $25 to mount the tire to the rim
I never had a flat in the six years I drove my car. But it was nice having the peace of mind that the spare tire was there. Afterall, the liquid tire sealant stuff only fixes minor holes. If you have a gouge, or a puncture in your sidewall, no amount of liquid sealant will help ya...