Style
The largest distinction between Micro-Beveled floors and Square edge floors is the visual differences of the final floor. Square edge floors are smooth and cohesive; the edges of the boards blend together to create a single floor space. Micro-Beveled floors maintain a visual distinction between each individual board, transforming the flooring from a functional walking area to a distinct design element of the space.
The grooves in a micro-beveled floor provide a reservoir space for dirt and dust. When dirt collects in the grooves rather than on the floor planks, your floor is less likely to be scratched or damaged. Perfect for a Cherry floor but not necessary for flooring as durable as White Oak.

A Full Bevel is mainly used for wall paneling, typically reffered to as V groove paneling.
Unfinished Hardwood Flooring
Unfinished hardwood floors are an excellent choice when it comes to wood flooring. It does take time and effort to install and finish wood floors on-site, but the result is highly rewarding.
Some key advantages to unfinished hardwood floors, and on-site finishing are:
Unfinished hardwood floors are uniform, stable and even; due to the process of on-site sanding and finishing.
On site sanding allows the installer to create borders, inlays, and other customized elements which are not usually available with factory finished flooring.
You can alter the appearance of your hardwood flooring by applying wood stain before sealing the wood. This option also allows the customer to stain the wood in any desired color or a color that may not be available in pre-finished flooring products.
On-site finishing allows better uniformity of seal and finish by filling in the empty spaces and cracks naturally created during installation.