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Mitchell,
The motors, speed controls, chuck and headstock are the same on both units. The rollers on a RW-XL are slightly larger in diameter than the RW3-XL and the tubular bed breaks down quicker than the extruded bed on the RW-3XL, so it you're going to take it apart often for storage, you may prefer the RW-XL.
On the other hand, there are a lot more accessories available for the extruded bed models and parts like extensions and support stands are quite a bit cheaper for the RW-3L and RW3-XL.
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