I fitted Michelin XV Energy somethings to the old 244 and they are fantastic. Hold well, don't slide through corners like the old ones did and stop when they need to.
Regarding size, the ideal size is a 70 profile, which was not available in a Michelin or Pirelli anything at the time. The 65 was readily available and well priced. 185/65/14 went on and work a treat, the speedo is out about 8% and technically it will have more acceleration and a touch less fuel economy - though I cannot tell. It feels faster as it goes around corners much better now :-)
I always recommend the quality in a tyre, they play a major part of the comfort and safety of driving. If you can find the 70 series it would probably be worth waiting for to keep the suspension geometry all perfect, though these are 30-50 year old cars with worn everything, a slight change in the tyre profile will not change much.