The differences between STM704 and STM806 are indeed not listed on the first page of the data sheet, but can be found after a close look at the parameter tables:
VPFI (Power-fail comparator, data sheet, pg. 33)
STM704: 1.237V±2%
STM806: 1.237V±4%
VRST (Reset thresholds, data sheet, pg. 34)
So to answer your question, the cheaper STM806 is the one to use if you have lower accuracy requirements.