First, don't let the "waterproof" hype sway you... any of the winches commonly installed on Jeeps are fine with exposure to fresh water.
I'm no fan of imported winches but between those two, I'd go for the Recon 10.5K lb. winch and add a roller fairlead which is much easier on a winch cable. Not to mention even a 10.5k winch is overkill for a Wrangler. 8-9.5k is the most commonly recommended capacity for a winch. And the gearing is likely better on the 10.5K winch. More winching capacity with the same HP motor just means they geared it lower so the line speed would be even slower/worse on the 12.5K lb. winch.
And for those who say who cares about line speed... the more experience one has winching, the more important it becomes since not all winching is done with the Jeep stuck in just one position in need of just a short tug. Much of the time a winch can be used as an assist over a distance on a particularly tough trail where forward progress will be assisted by the driver of the Jeep. And if the winch doesn't have enough line speed during those times the driver can make forward progress, the winch line is likely to get snarled.
And where winches are concerned, the cheapest winch is seldom a good choice when the winch isn't just for bumper decoration.
But for that price, I'd rather buy a used Warn winch.