I use a side blast. I've used bottom blasts too but prefer the side blade. Bottom blast types tend to clog at the air inlet and they also blow "oxygen" more directly at the steel.
I recommend a large diameter tuyere at least 2 inches, but 3 is even better. This gives you high volume without a lot of pressure, and not likely to clog. If you are going to use wood and charcoal, it is best to use a refractory or insulating lining. Coal forges don't need the lining.
I have used a water cooled tuyere, but it is not necessary, the lining will insulate the tuyere well enough. It will slowly wear back, but if you make it long enough, so that you can feed it in as it wears back, it will be fine. I usually make the tuyere 2-3 feet long and they'll go several years.
I like the wood ash lining. It's nice because you can form it to different shapes and sizes and also insulate points and tangs, by running them into the lining.
Here's a diagram, but the tuyere should angle down a little, not straight in. This will help prevent clogging. Also, it's a good idea to clear out a pocket beneath the air inlet to keep that area clear, especially if you are forge welding with lots of flux.