99% of the time I ice fish I fish for gills with a tip up for northern.
Last year I did try a new lake that was loaded with perch. They were not jumbos or big enough to eat, but they weren’t tiny either. They were everywhere and very aggressive. It was a lot of fun watching them on the Showdown and using slender spoons to get them. I moved around a lot to try and find some bigger ones, but that never happened. Still I would go back just for the action.
For me ice fishing, I many times enjoy just a lot of action, even if the fish are small.