Yes, the original offering was big.
While not at all a light gun, it (FR) is a full one pound lighter than the XLR5 LR out of the box, that weighs a substantial 8-3/4 lbs. That is, however, with the LR's factory recoil reducer (5.36 ounces) installed. Without the recoil reducer, the difference is about 11 ounces lighter for the FR version. If you want to add the Kinetik Recoil Reducer to the FR, you can, as an option, as well as optional forearm cap weights.
The Fabarm Velocity FR trigger is excellent, as might imagine, breaking crisply at four pounds. The FR has a bit smaller, slimmer pistol grip which some shooters are going to prefer. The choice of model for you is going to depend in large measure on how much adjustability you prefer, as the FR does not have the adjustable comb of the AR and LR models.
The wood on the Fabarm XLR5 FR is "Tri-Wood," and opinions are going to vary. It is ink-enhanced walnut, not a film, and has been used by Fabarm since 2002. It does not have the obvious seam of dipped finishes, and is far better-looking than the Beretta "X-Tra Wood" attempt. Although it is better-done than most other enhanced wood treatments, my own preference is for just a reasonably good standard grade of walnut with a conventional finish. Nevertheless, it does look like an $1800 premium stock set and appears to have a very tough acrylic clear finish as well.
The XLR Velocity FR has an adjustable trigger. That's one of the areas that you normally cannot adjust: the distance of the trigger from the pistol grip that the trigger is placed. With the FR, you can move the physical trigger forward or backward to suit your own preference.