A big tube chassis is stiffer. That means it has more potential to transfer leverage into the track. When you have more hp, you need to be able to leverage that force into the track. You need a smaller type chassis when the track is a bit more rough and you need the chassis to be compliant.
You can have stiffer in two different ways. You have flex in an xy axis. You can do that with wall thickness or diameter. This is pretty linear. An 1/8" of increased diameter is about like the same diameter tube that is up one step in thickness......usually about 0.015". When you compare the same tubes in torsion, a bigger diameter tube shows MUCH more resistance than the same diameter tubes that are .015" different in thickness.
The answer is.....it DEPENDS on the track conditions!
Mike