If I remember my physics correctly the size of the pulley does matter, as does the size, weight and length of the rope used to some degree but as small as they will be what is more significant is the number of sheeves or wheels used on the pully than the size of the wheels. If you were using say 8 inch sheeves it would make a big difference in your calculations but as you will be using proabaly 1 or 2 inche sheeves at best it should be insignificant.
God I used to calculate this stuff at work everyday and now I just can't remember - sorry hon! Getting old!