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Smaller is better when patching holes with spackle. Any holes wider than four to six inches in diameter tend to be too wide to repair with spackle alone. You'll likely want to patch bigger holes with a drywall panel. 

Even holes measuring up to 6 inches may be challenging to fill with spackle alone. For best results, purchase a wall repair patch made from wire mesh. Cut the patch to fit over the hole, then use the spackle to hold it in place. Apply the spackle over the patch as you would for a smaller hole.

Plastering and skimming are two different techniques for finishing walls. Plastering involves applying a thick layer of a plaster mixture—typically containing gypsum, lime, cement, sand, and water—to create a new surface. This process often requires multiple coats and is used for repairing significant damage or creating decorative textures. Skimming, on the other hand, is a technique that involves applying a thin layer of drywall compound or joint compound over an existing surface to smooth it out, covering minor imperfections, small cracks, or uneven textures for a polished look. Plastering is generally more costly and labor-intensive than skimming. Although some people use the terms interchangeably, they refer to different processes and materials.

Both plaster and drywall are durable wall finishes, but they differ significantly in installation, cost, performance, and aesthetics.

Installation & Cost: Drywall installation is faster and more affordable, typically costing $1.50 to $3 per square foot. It uses premade sheets, making it a more accessible DIY project. Plastering is a labor-intensive craft that requires specialized skills, pushing costs to $2 to $10 per square foot. It involves applying a wet paste over a lath framework.

Durability & Performance: Plaster is generally more durable, longer-lasting, and provides superior soundproofing. It is also a better insulator, which can help reduce energy costs. Drywall is easier to remove for future renovations.

Aesthetics: Drywall provides a smooth, uniform surface ready for paint or texture. Plaster offers a high-end, naturally textured look that can hide imperfections and is often preferred for achieving a classic or historic aesthetic.

Which is better? The choice depends on your priorities. Drywall is ideal for those prioritizing a lower upfront cost, faster installation, and DIY potential. Plaster is the better option for a higher-end project where durability, soundproofing, and a unique, premium finish are more important than the initial cost.

With its breathability and flexibility, lime plaster is among the most durable of all plaster types. It's also fire-resistant and has a proven track record, as people have been using it for thousands of years.

However, all plaster types will last for many years with the right care and treatment. Proper preparation and installation will also help ensure your plaster walls look great for as long as possible.