Well the Schneider Componon S 80mm is pretty much designed for negatives with an image circle of around 56mm diameter, which is what a 120 negative from a 6x6 camera will give you. For that reason I myself use the slightly larger Schneider Comoponon S 100mm enlarging lens for any 6x6 (56mm by 56mm) enlarging I do. Experience in an industrial colour lab 30+ years ago with Schneider and Rodenstock lenses, made me understand that lens coverage was the ultimate decider of what lens to use for any format one was going to enlarge.
I have no doubt that the 80mm will do a good job, but, you are presumably wishing for the best tool for the job. From what I understand from your description of what you wish to enlarge, and what you have at hand, the greater coverage lens, which is in fact a duplicating lens designed for 1:1 copying, or near enough to 1:1, would be my pick.
Within reason, a duplication, or reprographic copy lens, which is more or less what the 120mm lens is, should be able to handle being used a little outside its design parameters. Providing you stay within the suggested working f stop range of the lens, going outside its optimum enlarging design would be alright; I would think. The 120mm Rodenstock, like virtually all Rodenstock industrial products is optimised for a specific application, many a time I have deviated with units similar and found them almost always to do an excellent job.
254mm paper divided by 4 = 63.5mm. Allowing for some fudge factor, then a 3.9 times enlargement factor for a 65mm image circle is where you will be.
Just on coverage alone, I would take the Rodenstock.
Mick.