The charts let you directly compare CREE tints against
Luxeon tints, which you should already be familiar with. Otherwise you'd have to look at them in person since everyone sees them quite differently and an unacceptably yellow bin to one person may be perfect for another. For example the whitest Luxeon bin is WO and this is approximately equivalent to the CREE WD. Slightly more bluish is Luxeon XO/CREE WC or slightly more yellowish would be Luxeon VO/CREE WJ.
The flux bin tells you the efficiency (P3, P4, Q2, Q3). Since color is a lot more noticeable than efficiency, generally you'll pick the tint you like best then buy the most efficient flux bin it comes in.