Black labels are lithium cobalt chemistry while IMRs are lithium manganese.
In addition to the above IMR is not protected because it does not need a protection circuit - LiMn is a safer chemistry than LiCo. People tend to use LiMn's for high current draw incandescents and large LED setups.
So basically, LiMn vs. LiCo:
+LiMn is safer, does not need protection circuits
+LiMn can withstand higher current draws without danger of exploding/etc, there's also no protection circuit to trip
-LiMn has lower capacity than LiCo.