My understanding of the primary difference between the two is that an ERV also removes some of the humidity from the incoming fresh air. It won't serve as a dehumidifier but would probably keep the AC from working as hard if that is in the plan. If no AC, would help with the latent heat load.
I would suppose this would be preferable in NE GA, based on my living in Kennesaw for about 3 years. Muggy as hell is my recollection (from a NWener prespective
).
Since it appears that you have a two story, duct could be run in joist space between floors depending on planned framing members.