Joe, for starters use the thread but I would measure out at least 35 to 37 feet. Less diametyer will have you screwing yourself in the ground. No need of that
The thread will be light but draggy. The .008 wire is your best choice for future use. Trust me you will love it.

As for the handle, just choose the one that feels most comfortable.

Did you build this one? The finish is really first class.

Robert