From what I have read nobody knows the difference. It has preinstalled games and offices. Annnnnd thats all we know. Now the Xoom 2 and Xoom media are different devices.
Thinner with less memory. I have the OG Xoom my wife has the Xoom FE. They both function the same. Nothing different between them. Ohhhhh the power button is on the side. Speakers are worse.