Well, the 200 is a really light little engine that outlasted the 250 by four years or more in America. It has much better parts availibilty, and is able to take a lot of punishment while still fitting in your car.
The brawny 250, if its a US, is wider around the pan, and needs custom mounts to fit, along with a slim-line radiator and some extra thinking over the fan. Small block trans bolt pattern, lots of extra weight. The Aussie 250, log, 2V or cross flow, packages only slightly better, and has the earlier four bolt block pattern. (I'm not sure if it is the same bell patern as the US post 68 200 block, but its similar). These engines have real power and torque on the street in a light car.
The Argentine/Australian 221 is the best retro-fit, but they are hard to find in the US. Importing a 221 from either country has been done, and it packages really well. There is an inch less deck height to the block than a 250, and 0.617 inches more engine height than a 200. And the Argie engine mounts are still being made. This means the water pump and harmonic balancer are less likely to intrude as they do on the US 250.
The 200 is the best choice for a 63. The 18 year production run has garnered a wealth of info, and a hot one with a good carb is sweet and can haul some good figures if you are prepared to work it a little. If you break anything, there are parts for it.