The number of taps expresses a maximum degree of filter resolution or detail. However, that has nothing to do with the "accuracy" of the filter, the efficacy of the filter, or the sound quality of the end result. All of that is determined by the algorithm used to create the filter parameters. How the multiple mic readings are measured, weighted, merged, inverted, and smoothed, it's all very tricky business because there are no definitive objective criteria to prove perfection.6. A tap is much more elaborate/accurate (digital domain), and depending of the number of taps, the overall EQ is much more sophisticated.
IOW, the choice of filterbank technology does not appear to be the limiting factor in designing good room correction. Don't let that cloud the decision.