Hi Pants, Welcome back. Some things to consider if you go really deep then your pond water will remain cold in the summer. This will discourage spawning. Some people with koi ponds do this on purpose so their fish don't get scratched up. Another thing to consider is that a heater in the winter may actually encourage bacteria and disease. I know of someone with a very large heated pond that had more than half of their fish got sick in the winter. One suggestion is if you have pond tours in your area that is a great way to see a lot of ponds and talk to people about what works and what doesn't. Good luck with your pond!