i say it is better to fix this now, rather than deal with headache after headache. yes, it will take time to do it right now, but once you are done, you won't have to mess with it.
also, how long will the lines be total? if they are going to be more than 6-7 ft, you actually may need to move to 1/4'' line due to the length and require pressure to serve, unless you want to push your beer a little warmer or at a higher carbonation rate (warmer will require a higher psi for the right volumes of co2, which will allow the system to be balanced with the longer than average length of 3/16'' that you would have, and if you didn't mind a beer that was a bit more carbonated than you are used to, that could be a way to work with that as well)
i would recommend replacing the tubing regardless just for the fact that you don't know how old it is, what beers or other liquids they pushed through it, and don't know the integrity of it. it is the same reason that i replace gaskets and poppets (sometimes) and do a soak with warm pbw for all the new kegs that i purchase before i use them, even if they were from another homebrewer. i just don't know what was inside before, and would rather not find out with off flavors with my own beers.