vBulletin can accomplish everything that you need to be done, but in all honesty, I think a open-source forum would make more sense considering the fact that they're free.
Don't get me wrong; I love vBulletin! For a two hundred member forum that doesn't need anything fancy, but only needs the basics; I'd suggest phpBB3, or MyBB. The things that you require are standard in most forums, including free ones.
vBulletin is more popular among those looking for customization, and building large communities.
Regards,
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