The answer that was relevant to me is.
You need the FLL or PLL if you need to run the processor at 48 MHz or faster than the external crystal will run.
Whether you use the PLL or FLL depends on whether you want low power and to put the unit to sleep and wake up quickly.
You can run the FLL off of a 32khz crystal. The FLL also comes up faster than the PLL.
The PLL requires a 4MHz reference (I think roughly this is true) And takes longer to stabilize than the FLL.