Good Morning, Surly,
I don't have a recessed Calumet board at hand right now, but I think the recess is around one inch. As Nick has indicated above, you can have any dimension you want if you're making your own. The deeper the recess, however, the greater the difficulty in adjusting f-stops and shutter speeds, as well as potential problems in having the clearance for a cable release.
I use a 90mm WA on my Calumet with just a plain lensboard. Even with the bellows fairly tightly compressed, I have no problem with vertical rise/fall and a little tilting. Unless you're thinking of a 75mm or a 65mm or anticipate some fairly extensive movements, try the plain board first.
Konical