I don't know how long your distances are, but in my opinion those sizes are extremely small. An old plumbing joke is if you really dislike someone, put them at the end of a 1/2 inch water supply.
A realize a number of modern plumbing fixtures (i.e. showerhead) will only accept a 1/2 in connection. But that's only one of the issues-- friction loss of the water traveling through pipe can become a very big deal, especially if it is a long run or if you have flow or pressure limits to begin with.
Hope it all works out-- as others have said, please keep us updated!