What's the difference between 115 and 230 volts?

I purchased a used tablesaw that has the option to wire it for either 115 or 230 volts. What are the pros and cons for either voltage?

Pentair Motor, SF/WF, 1 Horsepower, 115/208-230 Volts, 1-Speed, Energy Efficient, Full : Patio, Lawn & Garden

New 2 HP Electric Motor 56C Single Phase TEFC 115/230 Volt 3450 RPM – Tacos Y Mas

AMT Self Priming Pump 115/230 Volt, 1 Phase, 3/4 HP, 3890-98 DAMAGED

What's the difference between 115 and 230 volts?

What's the difference between 115 and 230 volts?

VR Series Switches for 115 or 115/230 Voltage (VAC) Dual Voltage Capacitor Start/Capacitor Run Motor On TORQ Corporation

wine bottle filler Zambelli Filler Tivoli - Electric motors & generators engineering - Eng-Tips

What does 230 volt single phase refer to? - Quora

Deep well submersible, 115 or 230 volt? Terry Love Plumbing Advice & Remodel DIY & Professional Forum

Everbilt 1 HP 230-Volt/115-Volt Pool Pump PCP10002 - The Home Depot

APPLICATION: Convertible jet pump with deep well injector is ideal for use in shallow wells (less than 25 ft.) and deep wells (25 to 90 ft) BUILT TO

Red Lion RJC-100 115/230 Volt, 1 HP 20 GPM Premium Convertible (Shallow or Deep Well) Jet Pump, Red, 602038

Solved Example 2–10. A 1-KVA, 230/115-V, 60-Hz single-phase

Fill-Rite AC Fuel Transfer Pump, 35 GPM, 115/230 Volt AC, Model# FR310VN

BUILT FOR AGGRESSIVE WATER CONDITIONS: Stainless steel pump housing is corrosion-resistant SHALLOW WELL JET PUMP: ideal for the supply of fresh water

Red Lion RJS-75SS 115/230 Volt, 3/4 HP, 12.8 GPM Stainless Steel Shallow Well Jet Pump, Red, 97080702

Jet 1.5 HP 1100 CFM 4 or 6 in. Dust Collector with Vortex Cone and 2-Micron Canister Kit, 115/230-Volt, DC-1100VX-CK 708659K - The Home Depot