Here is a link to the Thermaltake specification page for model WO319RU, 850 watt, 60 amp, Black Widow:
http://www.thermaltakeusa.com/Prod [...] 66&ID=1830
Here is a link to the Thermaltake specification page for model W0106RU, 700 watt, 56 amp, Toughpower:
http://www.thermaltakeusa.com/Prod [...] 66&ID=1507
As OvrClkr already pointed out the obvious difference are the PCI-e power cables for video cards. The Black Widow comes with two of the newer 8 pin PCI-e power cables. If I remember correctly those 8 pin power connections are backward compatible with 6 pin connections. I think the Black Window even comes with a 6 pin to 8 pin adapter.
I don't have any reference material for the two power supplies but they probably have different internal components.
Prices can get crazy. Right now there are quite a few large discounts, free shipping, and mail-in rebates available. Sometimes the final price for higher wattage power supplies wind up being lower than slightly lower wattage psu's. We're seeing the same thing with Corsair power supplies and several other brands.