As far as cut quality goes, both have a range of blades to choose from with the 75 having higher tooth counts available - up to 52 versus 48 for the 85 (keep in mind the blades are also larger on the 85). The 85 blades are a hair thicker but do feel sturdier in use. Power wise, the 85 is the champ (16,000 versus 23000 Watts) as it'll eat anything. Blade changes are easier IMO on the 75 too.
The 75 has a splinter guard which only really works without modification on thicker material (>12mm... I forget) but I'll use a smaller 55 saw for that so it's not really an issue unless you're looking at it being your only track saw.
Dust collection on the 75 is heaps better you won't be shocked to hear! The 85, even with a D36 hose on it, is like a 2 year old at a birthday party - firing stuff everywhere [wink]
I find the HK 85 is bigger and heavier - the specs I have here say by some 800g - but I find it noticeably more cumbersome in use than the 75. This may be down to no plug-it on the 85 versus the plug-it on the 75 fitting in nicely with the cord already being attached to my hoses. With the 85 being a circ saw, the blade doesn't retract (it can... but I never work with that feature in use) back in to the housing which makes it more of a pain to set down.
The grooving block (other blocks are available to do beading and v-grooves too) for the 85 is awesome... but a faff to put on and the 85 won't fit in the Systainer with it fitted, so you kinda have to take it off to put the saw away.
There's also the FSK rails which fit the 85 but not the 75 to consider if they're of any interest to you for repeated angled cuts.
A definite pro to the 75 is the depth adjustment. It can be fiddly on the 85 but I'm not sure why as the HK55 is a doddle.
Having a 55 sized saw for most of what I do, it's the HK85 that sees way more action that the 75 when working with thicker stuff (~8x4 seasoned oak for me): the extra power and depth of cut being the main reasons. It is a tad more intimidating than the 75, however [unsure]. That said, when cut quality was the main importance, I'd go for the 75 every time.