(Was a little busy earlier) A little more ...
There is (there was a url link here which no longer exists) discussing pinhole size. The size is dependent on the film format size, so it needs to be appropriate for the particular pinhole to film plane distance ("focal length" but not really!)
And TheToadMen started a thread with (there was a url link here which no longer exists) to pinhole related info, more toward the inspiration end.
The Worldwide Pinhole Photography Day folks have
a page of resource information.
If you run Windoze, there is
Pinhole Designer which can help optimize or analyze designs and also provide some exposure tools. It even generates reciprocity compensated tables for some films, but has not been updated for a long time so some of today's films are not covered.
There is
Mr Pinhole with a web-based calculator. His predictions for coverage angles have seemed pessimistic, but I've not found what criteria he uses.
Fuji Acros has a good reputation for low reciprocity failure which makes it nice for pinhole work.
I say read up, wade in and experiment,
that's what I do!
Further edit ... The pinhole itself needs to be in the thinnest material you can manage, so it would be typical to drill a large hole in a body cap and attach a thin pinhole plate over the hole in the thicker cap material.