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CCG and iSetup are complementary products. We will publish a formal statement of direction around these products and what should you use in various scenarios. Simplistically you should use iSetup for setup migration from 1 instance to the other. CCG is more around the governance aspects. If you need audit tracking around setups between instances then CCG is your choice.
See the value proposition below. We will publish a formal document soon.
Configuration Controls Governor:
o Reduce business risks and compliance costs associated with application configuration, by: Monitoring and comparing critical application configurations, both within a single environment and across many; Maintaining full audit trails of configuration change; Understanding and optimizing financial impact of configuration settings
o Lower Total Cost of Ownership (TCO) by: Lowering the implementation costs
o Reduce risk in IT operations by: Automating migration and monitoring of data
Helping compare data across instances or across timelines
Increase IT agility to respond to changing business needs by:
Reducing the time required for roll outs
As Anand mentioned in a previous post, we are in the process of finalizing a "Statement of Direction" that will articulate the differences between CCG and iSetup. We apologize for the delay in publishing this information.
In short, iSetup would be the preferred tool for propogating configuration changes among instances, for several reasons: an extensive, supported offering of "solution sets" that span the application pillars, a robust tool and methodology that supports custom API's, solid reporting capabilities, and solid diagnostic capablities, and many more.
CCG's strategic role going forward is to enhance Oracle's "Governance, Risk, and Compliance" offering. CCG's role would address the monitoring of many types of changes, including configuration data.
There are many resouces to learn more about iSetup. You might start with Metalink, including note 395654.1, which links the the R12 iSetup User Guide and Release Content Document.
Hope this helps. Please contact us if you require more information..