The way to look at speed is to consider the material and cutter size and then look at the recommended cutting speeds for that material. For example, aluminum is rather soft and requires pretty high cutting speeds. A 1/4" finishing end mill taking a shallow profiling cut of 0.02" deep would have a cutting speed of 800 sfm. This translates to a speed of about 12,000 rpm.
To make this useful, remember that you calculate the rpm required by finding the listed cutting speed of the material and using this formula: RPM = SFM X 3.82 / D, where SFM is the recommended cutting speed for the material in sfm and D = diameter of the cutter. You can look up cutting speed charts on the net.
You will need lower speeds when cutting hard materials with larger diameter cutters. If you plan to do smaller work primarily in aluminum then lower speeds is not as important as the higher speed range. This is especially true if you ever use carbide tooling that requires higher speeds to cut well.
Personally, I would go for the variable speed with the higher range.