Thanks for all the input. All these questions I don't yet know the answer to. I plan on getting a small boat out there with a depth finder to see how deep and what the bottom looks like. Once I get more info I can report back, although it's likely to be some time. Was just curious if there was any consensus of what BOW is too big, if there is any, regarding aeration.

Rise and fall of this water totally depends on rainfall. Already this year I have seen a rise of over 2 feet, and a small drop of around 4-6 inches from full pool. I know a few years ago with record breaking rains, the lake exercised the emergency spillway, so that would be a rise of around 10-15 feet. But that is a once in a decade (or longer) type of event. I would imagine ries of a foot to two feet are at least annual if not more often, again depending rain. However, I just purchased this property a month ago and just don't have the info yet.