I think that there's a difference. The Dead Island statue, named "Zombie Bait", cuts off a woman's limbs leaving gory stumps except for a perfect pair of plastic surgeon fake breasts. The statement that it makes (intentional or not) is that this feature is the only redeeming quality of worth on a woman and reinforces misogyny.
TychoChelchuuu on the PA forums explains this far more eloquently than I can
In addition, the videogame industry has a long and sordid history of misogyny and treating women developers like dirt. #1reasonwhy exposes this kind of treatment with hundreds of female developers responding with their thoughts on why there is a lack of women in the industry and giving personal examples of the hurdles they face on a daily basis:
http://www.huffingtonpost.com/2012/11/29/1reasonwhy-reveals-sexism-gaming-industry_n_2205204.html
It's easy to casually dismiss something that doesn't affect you personally. The statue is an egregious example of the casual misogynistic attitude that holds sway over our industry, and is actually a
symptom of this much larger problem. As gamers, I think we all need to start to at least
consider the bigger picture. Do we really want to support these kind of socially accepted norms that keep women from being treated as true equals?