Quote Originally Posted by Temotei View Post
Technically, they are different, but since most books suggest a magic-psionics transparency, that difference doesn't matter.
psi-like abilities are not supernatural, they're psi-like the same way spell-like abilities are spell-like and not supernatural :p

The only mentions to dead magic = dead psionic is in the transparency setup, so you are free to have psi working where magic normally wouldn't if you don't use such transparency rules.