About 25 les hp (D4600 engine 75 hp instead of the D318 @ 100 used in the 8T series)
Generally lower speeds in every gear with top speed being less than 16 mph vs a little less than 20 on the 8T.
There are probably other changes in parts between the two, but very similar graders. Most likely where there are differences in internal parts of a component like a gearbox for example, if you swap the whole box, you may be able to interchange. I don't have any parts books to compare directly though.