Originally Posted by
kyoryu
Prepping for a railroad allows you to concentrate on the few encounters you'll have per session, and include lots of detail about those encounters. However, it doesn't require any detail *beyond* those encounters.
Prepping for a sandbox has nothing as detailed as any of the railroad encounters, but requires a greater depth of preparation. You know far more about the things that haven't shown up (yet), so that you have a basis for how the game goes.
Think of it as a Hollywood set of a town (very good looking facade with nothing behind it) versus actually starting a town. The "actual" town won't look nearly as good at first (though it may in the long run), however, it is completely functional even with just a few fairly drab buildings. The Hollywood town set, on the other hand, looks great and like a huge city, but unless you go to the only prepared areas, the whole thing is just backdrop and non-functional.