The first two pics are actually of my current wife (her nips can actually get twice as long under the right circumstances/room temperature). The third one is a close approximation of my ex-wife (but not her). So I guess you could say I have experience with both. And they both have their benefits and disadvantages.
There are several benefits to Mrs. Shihoin's small boobs. She doesn't ever really need to wear a bra; and she will often skip wearing one. It's easier to have a boob slip too if she chooses to wear a tank top. Doing activities at nudist venues is easier too...her boobs don't hang (as illustrated in the second pic). So she can play pool, for example, without boobs getting in the way. Aging and gravity don't have the same effect on her either; her boobs have pretty much the same shape and firmness as when I first met her over a decade ago.
The nips are fun to roll between my fingers when I grab her boob, or flick with the tip of my tongue. I like to tweak them too to make them fuller (although tbh she actually finds that annoying

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Ex-Mrs. Shihoin nips were practically non-existent (as a matter of fact she couldn't breastfeed because of it). She couldn't go braless either because it was too obvious (bouncing all under her shirt), and after a while her heavy boobs would start hurting. At the nudist resort she'd sometimes have to hold them in her hands while walking around. But they were impressive to look at. Walking around the pool at the resort with her big boobs flopping (when she wasn't holding them) would get everyone's attention. Bending over would result in a spicy visual of her tits dangling and bouncing against each other. Hugging nudist friends and acquaintances would invariably result in her pressing her boobs against their chest; and when she hugged other women with big boobs, the sight of two big sets of tits pressing against each other was, to quote another thread: a" Low key event that gives a massive thrill.".
And of course, they were also "more to play with." That's why they're called "funbags." From titty-banging to grabbing from behind while doggy-styling; and even being smothered nearly to asphyxiation while riding on top of me.
Aging and gravity did have more of an effect though. Obviously I haven't seen the ex's tits in 20 years; but the last time I saw them they were clearly headed for her navel (no offense).
Ultimately...I'm a nipple guy so my vote goes to small breasts big nips. But I do miss the effect my ex would have when she'd pull her top off and her big tits would come out swinging.