Ignore older skins for the most part. The quality bar has gone up quite a bit over the years, and a fair few skins have aged poorly and no longer fit the standards of their price tier.
975 skins have a new model and texture, along with some new particles. They will NOT have voice processing, and the new particles they have may or may not have different sound effects.
1350 skins are typically set apart by more intensive particle effects and sound work. This frequently, but does not always, mean new voice processing. Often a 1350 skin means a new theme, rather than something that could be accomplished by the character simply getting a makeover but being basically the same character underneath.
https://i.imgur.com/1HvNiEO.png?noredirect