The CAP Competition Bell is color coded to make it easier to distinguish between the various sizes/weights. It has a smooth-enough finish that's good for two-handed exercises, but will hurt your palms in one-handed exercises.
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Pros
Pro A good budget option for beginners
The CAP is a perfectly adequate option for basic routines that beginners use. The finish is smooth enough for two-handed exercises It's a good option if budget is your bottom line and you're not planning on doing one-handed work with this kettlebell.
Pro Fit for two-handed routines
The CAP Competition Bell has the same dimensions as the industry standard Dragon Door RKC model. The handle has a rougher finish than high-end kettlebells, but it'll do well for the basic two-handed routines you'd start out with.
Cons
Con Will hurt your hands in single-handed exercises
There is a lot of traction between your palms and the handle of any kettlebell when you're doing one-handed exercises like the one-hand high pull. The slightly rougher finish on the CAP is heavily felt after just few reps, and it will tear callouses open.