I didn't read all of the posts even though I tried.
I was up in the air over what type of air lines to use in my MA shop back a few years, 15 I think.
Talked with a few people around my area in MA, a few shops and found a machine shop that use high pressure rubber hose.
Why hose, based on the type you choose it will handle as much pressure as most compressors can produce, there is almost no sweating in the lines and no possibiliity of rusting.
Cost is lower than metal pipe, in most cases, and fittings about equal but the fittings are easier to install. And less chance of leaks.
So I went that route, 300 psi rubber hose, clamped every 15 or so inches and pulled tight.
Put drain valve setups at the end of the main run and the end of each sbranch run.
Tapped the air chucks off the hose before the end valve and turned the hose upward to allow any water to drain back to the main drain, allowing for any water buildup to go to the bottom not out the chuck.
One thing to remember about water in the air system, it will build up at the low points so open the drain valves at the end of the branch you want to use before drawing any air and when you tap off the main for a branch line mount the "T" upward , less chance of water going up in the branch line.
Just thinking out loud again.
I used the rubber hose in MA, cold winters and all for a long time without any problems and now that I am building a new shop in SoCal I will do the same thing, more rubber hose.