Well you could use two 1530 extensions, but I can tell you the motor will struggle a little bit on the slow speed and really be pushing things if on the fast speed. I did for a short while use that combination, but I was never happy with the sounds coming from the motor.
Maybe if your CPE2 hasn't done as much as mine did, it could be alright, but if it's done a reasonable amount of work, then ................
If you do process large amounts of film, then obviously you will have large amounts of solution to get out and in, this takes time. If you have quite short developing times, the the time taken to pour out and pour in chemistry will take a bit of a hit out of your processing times. Using a developer type that is longer in this situation, can be quite advantageous.
Whichever way you go, you will be in bliss, rotary processing is fantastic.
By the way, the bottom part of the print tank you have in the other thread, is the 4x5" developing tank, with a print tank sticker on it. You need the correct reel, plus it is very good to have the film loader to load the reel, then you can develop 4x5" film beautifully. It has space for 6 sheets of film, but my suggestion is to only develop 4 sheets with the centre slot empty so film doesn't accidently touch; been there done that.
Mick.
Edit, if you have the 1520 tank core, then that is the same core for the 4x5" reel in the 4x5" tank.