Yep, its an APO. For only 4" of glass it can really kick some butt. With the focal reducer it gives an amazing field of view and its TACK SHARP.
I don't really have any formulas. I do my deep sky imaging with a consumer grade Canon XTi that has been modified to remove the IR filter to make it more sensative to red light. (I used to get good results with a Canon 10d that was unmodified too.) I haven't use the new camera like the Deep Sky Pro etc but I hear good things. On my camera, I look at the histogram of a test exposure. If I have the sky-hump separated off the left edge I just gather as many sub-frames as I can and stack them. Here is a good discussion:
http://www.samirkharusi.net/sub-exposures.html.
But really its even simpler than that. For the most part I just do 5 min exposures and get as many sub-frames as possible (as well as a set of dark frames to calibrate). The exception would be something like M42 or M13 if I think 5 min subs would over saturate the cores. If I go past 5 min, I start to get some amp glow showing up in my frame so I just don't bother going longer, I just take more sub-frames.
When I used to use the 10d I didn't have guiding capability so I kept sub-frames to 1 min and used to get some pretty descent images even at that.
Planetary stuff is an entirely different discussion.
Wab