The original release was the LE, they made 1000 and what you got was choice of rails and legs color, shaker motor, numbered apron and a discount on the color chip, for the same price as the Standard, and the Standard which is basically a faithful remake of a WPC95 Medieval but all new. Even tho they look alike tho they run on totally different hardware.
Now they do a “Classic” which is basically the Standard but it has some updates, and the Special which comes with the XL color Display. RGB GI and upgraded sound.
Check the link for all the deets.
https://www.chicago-gaming.com/coinop/medieval-madness
As for better well, if you like shiny things, the remakes with the XL display, RGB and topper are pretty slick. But if you just need the game they’re about the same, except ones old and ones newer and they both kick ass.