The SmoothStepper is NOT a breakout board. It is a "signal conditioner" and gives you the ability to NOT use a parallel port to send signals. Instead of using a parallel port, you use either USB or Ethernet out of the computer, to the SmoothStepper. The output of the SmoothStepper is a parallel port, so that then connects to whatever used to connect to the computer parallel port (usually the breakout board). Since you are not using a parallel port, you can use MUCH higher communication rates and that is why you get smoother stepping (much more data). It also allows the use of computers without a parallel port (many computers in the last 5+ years don't have a parallel port any more).
So, in short, you would "traditionally" have:
Computer - Computer Parallel Port - Breakout Board (TB6550 in your case)?
Now you would have:
Computer - SmoothStepper (USB or Ethernet to computer) - Breakout Board
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