In general --
1) Avoid any "oilless" compressor. For example, Sears currently has on sale a 30-gallon, 150 psi, "6 horsepower" (hah!) compressor. But it's oilless, and it's one cylinder, and it puts out very little more CFM than my very old Sears 3 hp compressor. For $80 more Sears has a "real" 2-cylinder, oil-in-sump compressor on a 25-gallon tank that puts out significantly more air.
2) If you have 230 volts in the garage, avoid anything that runs on 115 volts. Even the largest 115 volt compressor isn't up to serious work. Yeah, you can run those air tools, but you'll find yourself having to take frequent breaks to let the compressor catch up to the tool. Unfortunately, I live in a very old house and I have no choice -- I'm stuck with 115 volts in the garage.