Round 2. Made my first BIAB batch last Sunday, an Orange SMaSH Ale. My plan was to transfer from fermenter to keg after 3 days this time so I would have a better chance of active fermentation. Went ahead and did that last night. Also took a hydrometer reading, came in at 1.025 and my planned FG is 1.018 so I think I am in good shape for spunding.
Relocated spunding valve from fermenter to keg and increased the pressure to around 25-30 psi (it's not exact until it reaches pressure, though it is fairly accurate in psi per revolution). After a few hours, noticed it had already increased to about 5 psi. This morning it was about 28 psi, which is actually just about right for 2.4 volumes at 72 degrees. I bled some off as I thought my target was 25 psi, but went into the calc again afterwards and think I want to shoot for 2.4 volumes, so cranked up again, shooting for around 28 psi.
Overall I do like this process. One issue I've discovered is though I intentionally allow a low psi during initial fermentation (around 5 psi max) so that I can use that pressure for the transfer, I am finding that is inadequate and still need to supplement with bottled CO2. I was not so impatient this time and let the transfer go for a few hours using the original pressure, but it seemed to stall. I then hooked up the CO2 and let it go for another hour or so. That completed the transfer but I thought part of the goal was to use the CO2 for the transfer. I could of course increase the pressure during fermentation, but it seems the jury is out on whether or not it's a good idea to ferment under pressure.