From the testing I have read, sizing is irrelevant from a flow standpoint tho it does seem that the larger the loop, the larger tubing peeps use.
Personally, I prefer the look of the smaller tubing. As someone who is anal about cable routing, to my eye, the bigger tubing and all the random looking arcs obscures ya perty components and gives the build a "disorganized" look.
As for reservoir type, I'm leaning towards interior cylinder due to reports of seams separating ion glues acrylic bay types....in fact, since starting to research topic, I think I'll avoid acrylic type reservoirs all together.