After giving this a little more thought, I am leaning towards the "flow rate" of the Filter-AG media as the likely culprit for iron getting past the filter. The wife's soaker tub filler will draw about 7.5 GPM when the water pressure is 60 PSI. The micronizer will only allow around 5 GPM so as the tub fills, the flow rate will drop to around 5 GPM as the pressure drops.
Looking at the
http://www.purewaterproducts.com/articles/backwash-chart flow rates for Filter-AG, the flow rate for my 10 inch tank is 2.7 GPM while the required backwash flow rate is 4.9 GPM. It does not factor cubic feet of media. Looking at that same chart, Katalox Lite lists 5 GPM for both service flow rate and backwash. I wonder now if it would have been a better choice of media. The Waterite Model Guide chart lists normal/peak flow rate at 2/4 GPM for 1 cf of Filter-AG but does not have KL in their list. FOr 1.5 cf of Filter-AG, it lists normal/peak flow rate at 2.5/5 GPM.
I wonder if I should/could add another half cubic foot of Filter-AG or KL to the existing media? When sizing the iron filter, we went with the larger 54 inch tall tank albeit with 1 cf of media to match the height of the softener. That means I have an extra half cubic foot of freeboard space.
I could also reduce the max pressure from 60 PSI to 50 PSI*. That should reduce the starting flow rate on the tub filler. It should also increase the aeration. The air draw on the micronizer dwindles as it nears 60 PSI as noted by the sound.
*I have an electronic pressure switch that allows me to reduce the 20 PSI delta (40/60) to 10 PSI (40/50).
Lastly, I have not delved into the flow rate on the softener as to whether the 7.5 GPM is letting hardness/iron to bleed through.