We first conduct a comparative numerical study of two recently proposed two-species chemotaxis models. We show that different scenarios are possible: depending on the initial masses, either one or both cell densities may blow up, or a global solution may exist. In particular, our numerical results indicate answers on some open questions of possible blow up stated in [4,7]. We then introduce two regularizations of the studied models and demonstrate that their solutions are capable of developing spiky structure without blowing up.2010 Mathematics Subject Classification. Primary: 92C17, 76M12; Secondary: 65M06, 35K55, 35B40.