the web console is similar to the web server product.
It can be easily done, the LB provide a lot more options. you should download and give it try. need to read the tutorial and pop up tips.
One more question, is it possible to load balance a domain name to 2 web servers in different country like Canada and USA ( that means different DC or IPs) ?
LSLB does not care about the physical locations of the backend server, as long as it can be reached.
However, if you do load balancing over the WAN, network speed and stability is likely to have more impacts than load balancing over a fast LAN.