Hi Mike:
A couple things to be aware of...GMRS requires that you obtain a license from the FCC. It cost around $80.00, and is good for five years. GMRS allows up to five watts on a hand-held, and I think it's 45 watts on a mobile, base, and/or repeater. You also allowed to use larger hi-gain antennas, external mobile antennas, and base antennas on your roof, or a tower. It is strictly limited for family/personal use only, on any newly issued license. There are a few businesses that were grandfathered in under the new law, because they had been using it for business prior to the changes in the license restrictions. So this means you can not use GMRS for things like a landscape service, security company, etc. All members of a family can share one license, but other than that, each user is required to obtain their own license. So if you, and your buddy that lives across the street want to talk on GMRS, you would both be required to obtain your own license.
FRS does not require a license, and can basically be used by anyone, for any legal purpose. You are limited to 1/2 watt however, and operating within the FRS channels only, none of the GMRS channels. You are not allowed to change/modify the antennas that come with FRS radios, so you are restricted to using the supplied short rubber duck antenna.
Typical range for FRS is 1-2 miles. GMRS is 1-5 miles, without a repeater. Depending on the repeater, and the height, and location of the antenna, range be more like 20 miles, or more under certain circumstances.
Hope that helps.