Anthony, one thing I'd add is that it is important to use any soaked pellets right away. Once moist, they do NOT keep well, and within a fairly short time will develop a whitish fungus. Once you see the fungus, the feed must be discarded, as it will sicken or even kill fish that eat it.
The same holds true for pellets held in your feeder. Sometimes heavy rain can penetrate into the interior & cause clumping & eventually fungus. Important to check, especially after storms!
Appreciate the note. I think this first feeder is going to go on a covered dock, but I know driving rain could still get to it. I'll keep a close eye on it. Thanks again.
