nereas
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CompuDude:Yeah, 40x20 sounds about right. I'd go for 14' deep at a minimum, if possible. Bigger is always better, of course, but much smaller than that size and it will be tough to swim around the pool while practicing compass work, etc.
You do not need to swim around, in the pool. That can be relegated to the open water.
Bigger is not better, because bigger is more expensive to build and to maintain, and that affects what you must charge, and this then puts you at a price disadvantage to your competitors.
You need some college econ classes, CDude.