A good question Spdfile... and one that can be an opening to some interesting experimentation.
.
While the official word on ham V/UHF FM antennas is Vertical, the ability you have of altering the polarization is a great asset. Being able to swing the antenna about on its azimuth- even its elevation-- makes this even better.
.
Many signals start off vertically polarized, but get reflected off objects or refracted thru the atmosphere- arriving at your antenna at anyone's- guess- polarization.
.
Since you've the ability to change things, I'd start out vertical, and try rotating the beam once you've acquired the repeater. My guess is that you may find that not only will the signal not be the strictly vertical, but it may also peak considerably off to a side -- as it may be reflecting off some favorable object; resulting in a much better than the direct path.
.
When you get the chance to track a satellite, this will become all too apparent-- the polarization is constantly changing, producing some really deep fades if you don't correct for it.
.
.......Good luck- you have the basis for some first class antenna experiments......

.
.
......................CF
.