The CSV doesn’t do anything until the pressure reaches the set point of the CSV. So with a 40/60 switch and a tank that holds 8 gallons, you could have from 1 to 8 minutes of tank fill time, depending on where you set the CSV.
With a 40/60 switch and the CSV set at 40, the fill time would be 8 minutes. With the CSV set at 58 PSI, the fill time would only be 1 minute.
As long as you are using more than 1 GPM the CSV will never let the pump shut off. Only when you have turned off all the faucets will the 1 GPM minimum flow through the CSV start filling the tank. If it fills from 40 PSI to 60 PSI at 1 GPM, it will take 8 minutes to fill the tank. If it fills from the CSV setting of 58 PSI to 60, it will only take 1 minute to fill the pressure tank.
The ¾” port in the bottom and the two ½” ports on the side of the CSV1A are all downstream of the CSV. It would be the same to attach to one of these ports, as it is to attach to a tee after the CSV.
A CSV will work with any size tank. The larger the pressure tank the closer the CSV is set to the off setting of the pressure switch, to reduce tank fill time as needed.