Pressure loss would be negligible but the larger pipe will definitely cool better due to more surface area and the fact that a larger volume of air would move slower through the larger pipe. I would run the larger pipe as the primary and the smaller from the tee joints. But since you are lucky (

) enough to already have the pipe on hand just run the large pipe all the way to your take off points. Also either type would be far more than adequate to carry the pressures you will be dealing with even if you later decide to go with a 175 PSI two stage compressor. Sounds like you have the material to build a top notch air line system and it most certainly will be worth the effort.