Take it from me, if you can do exterior do it that way.
I did interior on my house as I poured concrete 3/4 of the way around my house for a patio and sidewalk and didn't want to bust up new concrete.
My basement needed to be gutted anyway so it made sense.
I did it all myself with the help of some friends with strong backs and it is the best thing I've done to the place. Never a drop on the floor anymore.
Outside is a much better way to go though as you can use machinery and keep the mess out of the house. Doing it on the Interior you may as well move the family out because of the dust involved. It's always better to stop water on the exterior if you can.
It is a very labour intensive project if it is interior (I've still got to deal with the hernia I got from that).
If for some reason you decide that interior is the better way to go for you let me know and I can send you some pictures of what I did with mine. It's too hard to explain with text how to do it the best way possible.
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