Converting to single-phase sounds more like a downgrade, doesn't it?
I mean...
208V * 200A * (Sq. root 3) = 72kVA
240V * 200A = 48kVA
The only reason you'd need 3-pole breakers is for 3-phase equipment. Just have to make sure all your motor loads are rated for 120V or 208V.
Also, many 3-phase panels have feed-thru lugs. Would be a shame to have spent the time/money to replace the panel if it was just a matter of piggybacking the new panel on. (Providing the existing installation was sound.)