5 lug bolt circle suggestions? Which one and why?

[Jackson's Dad 64 C10]

I searched, but didn't really come up with much, so apologies if I missed a thread somewhere...

We are in the very early stages of building a '64 fleetside for my son, and trying to plan various parts of the build. I'm planning to do a bolt in IFS (undecided which vendor, there are several good options). I'm also planning a 5 lug conversion along with it. There are several bolt circle options available (5 on 5, 5 on 4.72, 5 on 4.5), and obviously the rear end will need to match (still up in the air on the 12 bolt that is in it vs. a 9 inch). Is there a particular bolt circle that is preferred? I don't know if one has better wheel selection, if there are any strength considerations, etc. So I'll put it to the experts... Which one should I select, and why? Thanks in advance!

-Chris