I restored an older, then green, Calumet C1 with a huge bellow ext., to me, and the 8x10 negatives are a joy to print. I contacted a couple on Lodima and was blown away. I work faster in medium format and use it for travel but in the back of my mind I always wish I had a larger format. The 5x7 negative fits the bill for ease of use and a larger negative but the 8x10 there is a negative you can get your hands on. I bought a Shen Hao but I don't use it much, I think about it but for me I might as well use the RB67 for what I shoot. I have a 5x7 reducing back for the C1 but when setup why not shoot an 8x10? I have a Seneca 8x10 with the extension and a new bellows but it's not a field camera as such so it doesn't get out of its original case much.
If I had the money I'd get an Ebony 5x7 or 8x10, it's a toss up which. I have a 5x7 enlarger so that gets a nod, if I converted it to 8x10 I'd save and get an Ebony 8x10 field camera without a doubt.
When I saw the small prints by Paul Strand, Photographs of the Southwest, I realized that 5x7 wasn't too small for contact prints. When I see Edward Weston photographs I realize that 8x10 is an excellent contact print size. It's a good size for contact prints of all types.
In my opinion 4x5 is great for learning and some are happy with it as a main format, no problem there, it has a secure place, I found that I prefer a larger film size, 5x7, 8x10, even 11x14 but I see myself with a 5x7 for the most part so to answer the question it's part personal taste, what you judge to be acceptable in the final print, requirements for the shoot, and economics to mention just a few. I think cameras are like a lot of things in life, you need to try them on for size and see for yourself how they fit.
For absolute image quality, all things being similar, the larger the format the better it is going to be.