as far as i am aware, 'Uncured Live rock' is rock straight from the ocean which contains all of the critters (good and bad) that live in the ocean.
good points are the number of species present.
Bad points include adding baddies to your tank and because of the large amount of life on it, the subsequent large amount of die off and nitrate/ammonia/nitrite problems.
Best way to cure it is to give it a good scrub in old tank water to get rid of as much 'already dead stuff' then chuck it in the tank as you would in a normal cycling process. It will take a lot longer to 'cycle' than cured live rock.
uncured is also generally cheaper i think than cured.
Ocean rock is a different beast altogether. generally not as porous as 'live rock' and therefore in the long term not as good for filtration but is a suitable rock to use for building up your rockwork in a more affordable manner (its alot cheaper than 'live rock'. in time (12 months or so) it will become 'live' but as already mentioned is limited by its nature.
hope that helps a bit.
IMO-stick to cured rock from your LFS or a reputable online company. at least you know what you're getting and it won't take a month plus to go through the cycling process!