Wayne, Dennis, Kevin, and Bruce: Well, I've made my purchase. I went to Tractor Supply to purchase a unit that compares to Wayne's installation with Denny's and Kevin's advice ringing in my ears.
I wanted to buy the 3.5 HP unit, and I had enough money left over to buy a second, portable 120V unit, but I hesitated. The 3.5 HP compressor looked so puny next to the 5 HP units.
Plus, it turns out that that regular price of the 5 HP / 80 Gal / 2-Stage "Industrial" unit was the same as its "sale" price over Christmas/New Year. But it still seemed like over-kill to me, I wondered if the 2-stage feature was worth the additional $150.00. I must have wandered around the store for 45 minutes while I thought things over. Finally, I went back and read the labels of each unit: (1) the 3.5 HP / 60 gal / single-stage; (2) the 5.0 HP / 60 Gal / single-stage; (3) the 5.0 HP / 80 Gal / two-stage. It turns out that both (1) and (3) turned over 1,300 RPM, while (2) turned only 975 RPM, so I went for it. It is rated for over 18 CFM continuous duty for everything short of 3/4" impact wrenches. (The 3.5 couldn't handle a sander continuously.)
I've learned a lot about air compressors from you guys, and it has helped me make a decision which I can justify and with which I think I'll be happy.
You can check out the details on the Ingersoll-Rand page for "small compressors:"
I-R Compressor Model SS5L5
In the Truck:
Model SS5L5:
Bruce: I'm still working on the installation details. I'm going to make sure to find and air dryer and at least make room for it before I bolt this puppy down to the floor.
Dennis & Kevin: Thanks for the encouragement to "go large," even if I probably didn't as large as either of you probably would have.
Wayne: I'll keep you posted on the noise factor: I'm hoping it will be fairly quiet, at least quieter than the oilless one I had a few years ago. I got rid of it because it was so noisy.