Domestically, the Whigs were better due to their support of greater religious tolerance.
Huh? Wasn't it the Test Acts that were enacted and supported by Whigs?
No. The Test Acts were passed by the Cavalier Parliament, called such because it was mostly composed of former supporters of the royalist side during the Civil Wars. At that point, neither the Whig nor Tory parties yet existed, only coming into being during the Exclusion Crisis.
By 1695, while the Whigs continued to support discrimination against Catholics, they had become the party of dissenting Protestants and thus supported greater tolerance for nonconformists. Other than their support for Jacobitism, the Tories were ambivalent at best on Catholicism and much worse toward dissenters, constantly trying to pass discriminatory laws against them.
With that said, as outlined in my initial post, I still would've supported the Tories due to my own Jacobite sympathies and support for peace with France.
Eh, that's debatable. "Whig" and "Tory" as labels date back to the English Civil War, and at any rate the Cavalier Parliament was split into two factions, the "Country party" (who became the Whigs) and the "Court party" (i.e. the Tories), with the former responsible for the Test Acts. This is why the founders of the Whig party, including the Earl of Shaftesbury and the Duke of Monmouth, supported the Test Acts due to their hatred of the Catholicism of the Tories. The Tories over time became a high church Anglican party and the Whigs more inclined to dissenters, but the Whigs supported the Protestants only (hence their support for Presbyterians and the Covenanters) and the Tories, at least initially, open or concealed Catholicism (hence their opposition to the Hanoverian succession and their support for the exiled House of Stuart).