All other things being equal, more resolution = more detail.
With raw, it's a case of whether you can shoot around the different focal length required to compensate for the crop factor.
And to be honest, with raw footage and only minor resizing happening, the artifacts from the resizing algorithm will probably negate any advantage, although it may appear sharper.
With H.264, the advantage is greater, as the resizing to a smaller resolution will help to hide the added encoding artifacts.