Last time I did Mom's, I think it took right at 4 gallons of mixed stuff including the overflow. My pickup took 4-1/2 gallons to fill up the rad & engine, then more for the overflow. 4gal should get you changed out well enough to make it to the store if needed.
The draincock on the radiator is the only drain I know of. I'd guesstimate 99% of the stuff will drain out through there, but I always do it on a warm engine to make sure the t-stat is open, and it ALL drains out. Hot coolant isnt as bad as hot oil on your hands.
I'm running (in the 4th CTD now) the Havoline orange stuff; forget the exact name. It is silicate FREE, and approved by Cummins. We dont need the SCAs in our coolant like the Fordboys- some propriety designs that prevent cavitation erosion. But coolant is like any other fluid- everyone has their favortie for whatever reason, and heated battles can ensue.
Good luck. If the red looks gunky with buildup, it'd probably be a good idea to have it cleaned out by a radiator shop so it will cool like it should. Flush out the engine, too, if needed.
Daniel