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Repeat is for actions or projects that you actually need to do over and over again. For example, you might create a repeating action called "water the plants" and have it repeat 4 days after its completion date. You might also have a project called "Do Taxes" (with actions like "gather receipts" and "find 1040") that repeats every year, due on April 15th.

Review is for things you want to think about occasionally, but aren't necessarily doing over and over again. For example, you might want to review all your "Someday" projects once a month to think about whether maybe you should start "remodel kitchen" or just admit that you're never going to "pursue crazy business idea".