The long handle is good but make sure you can get at least two different grips out of it. One that's close up for whittling/carving, and one farther back to move your hand away from the COG and get more power. In other words, don't put any silly grooves or notches that prevent this. What you have shown there looks good- that swell is all you need for retention.
I don't care for choils, if I want to hold it close-up to the blade I would rather hold the handle than the blade. I'd bring the front of the handle right up to the plunge line, which would make it like 7" long. But lot's of people seem to like the choils, so you won't be in bad company if you keep it.
What kind of grind are you going to do? That will have a big effect on how it balances.
I agree with mete that 40 deg is too obtuse if you are most concerned with performance in wood. What you need to think about more is thickness behind the edge. That knife will weight 1.5 lbs + and that's a tremendous amount of force on the edge when it slams home. On that note, I think most people would recommend a lower carbon steel than 1095 for a knife like this. 1060, 5160, S7, Calmax, 3V are more typical choices for blades like this. That said, 1095 is not the worst choice i the world, either. Just keep the embrittlement zones in mind when you temper.