Well, I'll give it a go but I'm not really an expert......
The older, non spectrum, rolling stock has truck mounted couplers (except for the four wheelers and the flat cars) and will fairly happily negotiate R1s. Included is the stuff for logging lines (diconnects, 20' flat car with or without skidder or logs, bobber caboose), the wood planked tank cars, a wooden gondola, mine skips, mining gondolas with platforms at each end, ore cars, hoppers, boxcars, stock cars and refeers. These days they have metal wheels, and they have reasonable levels of detail withoug being outstanding From US sources the 8 wheeled (bogie) vehicles seem to average in the sort of $30-$50 dollar price range. I think their scale is 1:22 or 1:24 although some are advertised as being 1:20.3 but I think that's just Bachmann attempting to standardise on that scale.
Then there is the Specturm range; these truly are 1:20.3 and they do seem to need R3 curves as a minimum (and Bachmann advertises some of them at least as needing 8' dia curves). These are highly detailed models, much more so than than the ones previously described, and consequently command a higher price (typically $100 US or more, with the cabooses well above that; for example Trainworld is currently advertising them at $US 174; although I have seen some flat cars and gondolas on special for $60-70). They are all eight wheelers; there is a very impressive long caboose with integral lighting, box cars usually advertised as being with "murphy roof", framed tank cars (but not ones which are effectively tanks sitting on flat cars), frameless tank cars, hoppers, flat cars, etc.
Physically they are gernerally longer than the cheaper, non Spectrum models and thereby much closer to the "real thing" after the 19th century; although I haven't done the sums I would have thought that the flat car is closer to 30 scale feet than the 20 scale feet of the cheaper version. Their basic frames also seem to be slightly better constructed; for example they usually feature metal rather than plastic truss rods. In the believe it or not category, their wheels are advertised as being 32mm in diameter as against the standard 31mm; and setting them alongside one another they do seem a bit bigger (and certainly better looking); but I might just be imagining it!
Oh, and as delivered their couplers are considerably higher than what I take to be the standard; certainly than the non-Spectrum gear.
Personally, as I like to "idiosyncratise" my stuff anyway I tend to go for the cheaper ones now that they have metal wheels; but it you want realism out of the box then the Spectrum stuff is certainly more convincing.
Not sure if this helps.....
Steve