This is how things work for me according to how I have discovered them over the years-
Direction of quench depends very much upon the blade shape, obviously daggers and other narrow double edged blades with symmetrical cross sections must be quenched vertically. Single edged blades with more complex grind lines can be quenched horizontally. Some narrow single edged blades with simple cross sections, e.g. a full flat ground Scottish dirk or tanto, I only quench spine down to avoid the tip dropping in oil, a problem that will get more pronounced with shallow hardening steel but is possible even with O1.
Tempering is one of those things that you can only get a start with suggestions from elsewhere and then sort of walk it into the temps that will work best for you in your shop, there is no definitive recipe. A given Rockwell for a given tempering temp will be heavily influenced by effects of normalizing, annealing, soak temp, soak time, quench effectiveness, tempering time, tempering heat source, number of tempering cycles etc
I can offer this as a guideline to start with:
http://www.cashenblades.com/Info/Steel/O1.html
For my quench tank I went to Walmart and picked up, on sale, one of those self warming roaster units you always see at potlucks keeping the beans, barbeque or sloppy Joes warm, it has a cover, plenty of space for a nice volume of oil and a little dial right on the front to allow you to set the preheat temp of oil and then go about your business.