I looked at something similar a while back. I was tossing up between the two, ans would up getting a 223. Ammo was not much more, (less if I reload) and I could slow it down or use heavier pills at similar speeds. Rifles were similarly priced and I found the 223 did everything I wanted to do with the WMR or HMR and more besides.
Downside was I still wanted one so I did what all self respecting shooters do.....I got one of each, matching and threw identical scopes on them and added a 308 to the mix as well (Also matching....) I use the 223 when hunting, but have the WMR on hand if the 223 is "overgunned" This was a picture of just after I got them and before I fitted the identical scopes. Top is a 455 (22LR and 22WMR switch barrel) , 527 in 223 and a 550 in 308...
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