The questions you are asking are those many new engineers associated with piping or distribution ask, "frequently asked questions" if you will. It is a good general idea to first check what is available with a few keywords using the "search" feature of this and all forums before posting. While not a guarantee that your real root questions will be answered by the voluminous past information you retrieve (as you know better than any of us exactly what you are dealing with), the information you find may at least help you refine your inquiry. I believe there have been many past threads discussing these general subjects (with a lot of information available).
Beyond this I will only caution that "C900" does not really nail down much the specific features of all pvc pipe that you may be dealing with. This specification has meant different things at different times, with regard to dimensions, thicknesses and/or pressure ratings etc. Again, searches will help in understanding this history. You will find also with web keyword search that in general many authorities are most unomfortable with high fluid flow velocities (as have been mentioned in this thread) and pvc piping in general, I suspect based on lessons, experience or other authoritative references.