As said, you're basically swapping out speed for appeal. Depending on how / what they tend to hunt you could have some that are big chested, but they seem more likely to either hard vore, live in target-rich environments, or so-on. The smaller-chested ones would be faster swimmers (well, faster for less energy), more independent, eat less often (since movement = energy), etcetera. A Mermaid who has huge breasts / flab is one that either lives in a target-rich environment or is an exceptionally good (/ non-picky) hunter.