Hi 98roverguy. As someone who has three monitors, I can tell you that there are many ways you can configure a multi-monitor system.
To answer your main question, no, you do not need to have one as a VGA/SVGA and one as DVI. You can do either/or, you can do both...it doesn't matter.
Since your video card has the capability of supporting two monitors, it should either A) have a connection that splits the video signal between two monitors or B) have two separate video ports.
Now, if it has two separate video ports, that may limit the ways you can configure the monitors; however, you should be able to connect any type of monitor with the correct connections.
What is the model number of your video card?
This is my personal Dream PC:
http://forums.pcworld.com/blogs/mphenterprises/2007/12/21/my-gift-to-myself