The solid pilots come in one size, usually a bit small to fit all barrels. The depth of rifling varies a little bit. They turn with the reamer, as it is all one solid piece.
The floating pilots come in .001 increments and are changeable tubes, held on with a circlip. The tube pilots will allow the reamer to turn while they are stationary.
With a properly made reamer, both kinds work well. The solid pilot reamer is less expensive, but might not be much difference in cost if renting.