We used to heat a ranch-style house of about 2,500 sq. ft. from a walkout basement in Virginia. We didn’t intend to heat the whole house when we bought the insert, just the basement that was too cool in winter. The insert did such a good job that it ended up carrying most of the load, though we still let the gas furnace even things out when it was really cold. We had really good insulation, airsealing, and new windows.
Our basement had an open staircase that heat did flow up, but there was a beam across the ceiling that trapped the hottest air away from the staircase. We did end up cutting registers from our living/dining room to the basement, and that allowed the warmest air up. It took us a few years to decide to do it, though, and we studied temperatures and airflow patterns pretty thoroughly. (We also avoided putting anything directly above the insert because we didn’t want young children dropping anything through a register on top of the stove which protruded about ten inches from our fireplace.). We also used fans, but the registers did help. I wouldn’t be quick to cut holes, though, until you’ve lived with the insert and studied how your heat moves.
I can’t tell you anything about the Kuma Cascade, but if it does have a 2.5 cubic foot firebox, that’s a nice size in my experience. Our current insert in Texas is that size, a bit bigger than what we had in Virginia. It’s nice.