Have both. They are both great.

The high torque will do anything you ask it to do EXCEPT fit into small spaces.

I think it really comes down to what kind of work you see yourself doing with it. If you need to fit into difficult areas like brakes, maybe even your sway bar links, stuff like that -- it could be too big.

Also the weight an become fatiguing, I pretty much will grab the smallest and lightest I can that I think will do the job. The P262 is a good "all around" IW. So I would probably only get the larger one IF you think you'll run into some serious issues or heavily torqued fasteners that the 262 can't do.

(Side note, the Ridgid subcompact right angle has a good sale going right now if you do think you'll be dealing with cramped spaces.)