I see your point. My thinking was that the air/water ratio for each tank was optimized when it was designed to work alone. So the 2-tank system should have a similar air/water ratio. I now think that may well be wrong.
I have been thinking that the air release valves are usually fairly close to the middle of the tank. Now I wonder why -- why are they not nearly at the bottom of the tank. So that in a 40-60 system, when the air+water gets down to 40 PSI, the release could release some excess air, keeping only a small reserve of water to allow for the delay of the pump bringing new water.
Clearly in the system you describe, there would be a higher air/water ratio than with a single tank. Maybe that is desirable. Maybe the standard tank leaves less than ideal amount of air. In that case, the system you describe would be better than a single bigger tank with the release near the middle. I now think that the release valve on a big hydro-pneumatic tank should be positioned to keep only a few gallons of water in place before air is released.
The equivalency rating of a diaphragm/bladder pressure tank is over 2 x the size of the that tank. If the air were to fill the whole hydro-pneumatic tank at 38 PSI, the equivalency would be almost 1:1. I am guessing that they leave a whole lot of water in the hydro-pneumatic tank to minimize the air blast that would occur if the electricity went off or if the pump did not start for some other reason.
Report so far: BTW, thanks all for the excellent dialogue.
So, just for clarification, I did in fact measure the tanks, diameter and length, for the record, I was wrong in my original post. The vertical tank is 3 ft diameter, and 6 feet tall. The lateral tank is 3 ft diameter and 10feet long. 315 g vs 525.
When I let out all the water, then capped everything and let the pump fill, when it shut off, I could here the air from the lateral tank bubbling into the vertical, no doubt as the air would seek the highest location.
Both tanks have the external bleed mounted, at the half full line. The pump pushes a air charge, equal to the length of one pipe 21 feet by 2 inches, each time it cycles.
The reason the lateral tank was becoming water logged was because there was a small leak in the air line connecting the two tanks, and the amount of air being let in was not enough to eventually bulid up to get the air level down to the bleeders.
So, I sweat soldered the copper air line connecting the two at the top, so no more leak. Then I set the smaller original tank, the vertical one, that is connected to the home, air bleed really stiff, so it will not allow air out. Then I set the larger lateral tank air bleed light, so that I can hear it when it becomes excessive and releases.
So far, the vertical is slowly adding more and more air, and I can feel the water level with my hand, it is almost to the bleeder valve, and the lateral tank is holding the air. The cycle is long, and there is 1/3 of each tank of usable water before the pump cycles, (measured).
So far so good.
Will keep all posted on further developments.