If you aren't arriving until the Thursday I'd definitely recommend going for 3, 2 man tents over 1, 6 man tent.
Space is becoming more difficult to find as more people choose to arrive on the Wednesday as early as possible. I camped up at Baileys in 2019, arrived Wednesday around 12pm and there was lots of space. People where able to find pitches right up to the end of Thursday night in and around those fields. Come Friday it seemed a nightmare!
Location for me was good, never felt too far from anything and hitting Arcadia on the way back up always helped break the journey