I've asked people in a bunch of shops the difference the past couple years and they've all said the models with the same model number are the same differing only on whether they have the T-Plate or not. The only difference is in the cosmetics. A couple shops were rather irked because they have to carry so many models due to Rossi propoganda telling people specific models to get.
I have the Freeride with T-Plate. The difference is solely cosmetic. The Freeride colors are supposed to match some of the skis, such as the Bandit X, XX and XXX, and maybe others. No other difference.