Feature comparison:
JBoss EAP 4.3 (the commercial version) is JBoss AS 4.2.1 + patches + Seam (I forget the version) + JBoss Messaging.
I suspect that EAP 5 will be similar (it is based off of 5.1.0), but I am still waiting to get my evaluation copy.
In essence, there is nothing special about the commercial version other than the various components have undergone more rigorous
testing and you get support. With the free version you get to fix problems yourself or post your problems on a forum and hope that someone helps you. If you are reasonably confident in your technical abilities and do not mind doing your own app serve debugging and patching, then the free AS version is for you. If you expect someone else to fix problems, buy support.
Free monitoring tool:
http://www.jboss.org/jopr
This is the open-source version of JBoss Operations Network (the commercial monitoring tool)