Well, first of all, your stove being in the basement.......if the basement is uninsulated, you are losing a HUGE amount of heat to that big heatsink, the concrete walls. Yes, heat does rise, but only after alot of it is sucked up by the concrete to keep the dirt near your foundation warm......if you have a studded and insulated basement, then youll get more heat upstairs.
As for settings, Id rather see my customers use the room temp mode, as it allows the stove to better regulate the heat given the setting. It is pretty important as to where the room temp probe actually is....obviously you want it in an area of active air movement, not in a dead spot behind the chair, or next to the side of the stove where its hot, or sitting on the bin, etc.......how about low, near the floor, where the air is colder, and near, say, the combustion fan, which is always on when you have a fire? The feed rate has been a matter of argument here on the net, with some extremists pointing out that to really get the heat cranking, turn up the feed, and set the stove to 90 degrees....who runs their stove at 90 degrees? I suggest, humbly, of course, that you set the feed rate normally between 3 and 4, room temp mode, i dunno, maybe 70 degrees? See what happens. I burn a p68 at the store, my brother burns a p68 at home, I burn a p61 at home. His p68 is in the cellar and he uses ALOT of pellets....mines in my living room, used a little over 2 tons so far this year (sept-now). I use New England Hardwood pellets. I guess I average 1.5-2 bags per day in my 61.
Its also possible to slow down the combustion fan....potentiometer on the control board, but I would be very leery of doing it without a Magnahelic to check draft. Actually, you can vary slightly the voltage to the comb blower, but not a huge amount really, no more then a few volts.
I pretty much heat my whole house with mine, about 2000 square feet, two floors, saltbox colonial. Downstairs is about 10 degrees warmer than upstairs, which suits me fine.
As for an electrical blueprint of how the circuitboard works, Ill doubt youll get one....proprietary and probably patented as well.