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Phillipsburg is really tiny and remote, so if you don't mind living out in the country w/o services nearby, I suppose it is nice (I had cousins/family that lived there for a long time).
Buffalo is bigger than Phillipsburg by far, but that is not to say that it is big, either (p-burg is like 200, buffalo is around 4000). Buffalo has a lot more to offer as far as services (grocery stores, etc) and is not too far of a drive from Springfield. Buffalo also has very decent schools, if that is a factor.
Your liking to fish will be easily served in both areas, though P-burg is closer to Bennett Spring State Park (near Lebanon)--if you don't know about this place (the park), you should look it up. Not only is it a beautiful park in and of itself, but anglers come from all over the state just to fish there. HTH!
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