Hi again, Koraks. Yeah, there are a lot of pyro formulations, and I experimented with a variety of them, both pyro-C and pyro-G based, even formulated a couple new tweaks of my own. But for general photographic usage, I standardize on PMK. Special lab project developers are in a whole other category. And when it comes to taming color separation protocol, one not only needs to have at least a black and white transmission densitometer, but should expect to be married to one for quite awhile. In terms of how to make and use an elementary DIY "visual densitometer", one can search my past threads for my posting.
pkr - what constitutes a reasonable time must first of all be entirely predictable with respect to your exposing light source. Most enlarger heads, unless equipped with synchronized shutters, has a brief warmup phase, and final die-down phase. So you need to have at least 10 or 20 seconds of exposure to assure repeatable consistency. But anything too long, and you run into reciprocity failure issues hard to predict, because they potentially affect the three different light colors of exposure differentially. I personally standardize on 10 seconds because the math is so simple with respect to that. And the contact printing frame holding the film must be precisely centered on the baseboard directly below the lens itself each time. Use a long enough enlarging lens, and proficient diffuser, so that illumination over the film area itself is fully consistent, with no falloff.
But I have very sophisticated controls on my colorhead, plus a very precise rare easel densitometer far more sensitive than any lux meter. You can adjust for different negs via a bit of aperture control, but you don't want drastically different apertures due to potential halo or mis-register between the respective negs. I'm speaking in an advanced sense; but that's what you need to aim for up front unless you want problems later. It takes a lot of repetitive practice to peg everything down, just like first learning the chords to a piano. One step at a time; you'll get there.
Remember, for sake of the long run, you'll need to come up with several different matched sets of experimental step tablet negs having distinctly different contrast gamma levels. That's because you don't really know how much contrast you'll need until you start experimenting with your own coatings and chosen pigments, hand-in-hand. So it's helpful, even vital, to have "families" of matched contrast curves to choose from, and not just one successful example.