Look for the liquid muriatic acid at a regular hardware store, usually near the paint. It's about $3-4/gallon around here.
I can't respond to your chemical questions, but look at the thread titled "lowering Alk -- fountain or ripple." http://www.poolforum.com/pf2/showthread.php?t=783
It has lots of similar info you are looking for. I'm in your same boat: high Alk, low Ph. I'm doing what you're doing and no one has said NO!!! STOP!!! So that's a good sign, I guess.
(I've added 2 gallons of acid to my 40,000 gal IG vinyl pool and I've lowered it from about 250 to 160-170 over the weekend. Ph is lower, but I'm aerating too, hoping to bring it back up. Have no idea how long that takes, tho...)
Jennie
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