What's the Difference Between DoCmd.RunSQL and CurrentDb.Execute in Microsoft Access

In this Microsoft Access tutorial, I'm going to teach you the difference between DoCmd.RunSQL and CurrentDb.Execute and when you would want to use each.
Mike from Newcastle, England (a Platinum Member) asks: I've been following your Microsoft Access videos for years, and you used to always use DoCmd.RunSQL in your code. But recently, I've noticed you using CurrentDb.Execute instead. What's the difference between the two, and what should I use?
Silver members and up get access to an Extended Cut of this video. Members will learn how to trap errors in db.Execute commands with the dbFailOnError parameter. We will also learn how to count how many records were affected with any SQL command by using the RecordsAffected property.
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QUESTIONS:
Please feel free to post your questions or comments below. Thanks.

[@FlacoSalsero]

Thanks Richard for the great tips. You're kinda like a life coach for Access developers!

[@stuartround]

I've always used db.execute, but never really looked or understood the difference. This is what I love about your videos, it's great to cover "basics" that I may have completely missed.

[@Shadow.Dragon]

Richard, thanks for the comparison of RunSQL and Execute!

[@xavierbatlle1828]

Very intetesting topic! I've using recordsets if I wanted to trap errors instead of currentdb. Execute.

[@SavedbyGraceCT]

Thank you for this explanation!

[@599CD]

You're very welcome!

Do you teach how to create DLL for Access?

[@alializadeh8195]

Thanx

[@kamran133]

Still have not posted ant video about CurrentDb.Execute transaction?

[@Rogues4Ever]

Heard "Es -Que-El" in the first 20 seconds. I'm out.

[@599CD]

See ya! Don't let the door hit you on the way out... :P