Hi, I'm back. Well, this thread certainly grew some legs.
Ok, this is what I have and what I intend to do. Unless you talk me out of it.
I have a small cottage with just my wife and myself. I modified the crappy orignial well setup that this place came with 4 years ago with info. that I learned from this forum, which I consider quite invaluable. I have a 1/2 HP Goulds J5S pump (came with house) sitting in a pump house over a shallow well, next to a lake. Water is 15 ft down, and only 2 feet deep, but has never run out. The house is back 150 ft from the well and about 60 ft HIGHER. I have a 4 year old 20 gal. Wellmate low profile pressure tank in my non freezing crawlspace with a 30-50 switch. 3/4 inch PE running from pump up to the house. Everything currently works GREAT. Except for the massive 40 gal powervent Rheem WH in the bathroom. We will be renovating the bathroom in the spring and the WH must go (it's getting old anyway). Thus the need for a tankless in the crawlspace. To repeat, the prime motivation for the tankless is SPACE.
We don't use a lot of hot water (or cold for that matter). I did not install a CSV originally because we really don't draw water for very long. Only the one shower uses water for more than 1 minute. During a shower the pressure drops and the pump kicks in, but the flow of the shower exceeds the capacity of the pump to push up the hill, and so the remainder of the shower is at a slightly lower pressure. My 2.5 GPM shower head probably goes down to 2 GHP for the last few minutes of the shower. So there is no pump cycling during the remainder of the shower. The low capacity pump acts like an "auto CSV". The lower flow is not a concern for us when showering. But there is no way that this flow is less than .6 GPM, so the Rinnai should still fire for the duration of the shower.
So, what I intend is to just install the Rinnai as soon as the snow in MA is gone (we have to move the propane tank for this install) and we will see how it goes with no CSV. If pressure fluctuations cause problems with the WH, I have no problem installing a CSV to eliminate the fluctuation. But I don't want to have to install a smaller tank, until my tank needs replacing.
When my pump craps out, I will probably install a bigger one and then go with the smaller tank and CSV and have more pressure all the time.
I will update this thread after the tankless is installed. Wish me luck.
Rick.