Charliechan,
First, a little background: I have the same Texas black clay, and my garden was planned originally to be about the size of yours, but was whittled down to about 40'x70' for the time being. The costs of working/improving that much land were too great for us to begin gardening it all this year. If you have 3 years to wait and work the land with patience (versus money), then other ways might be a whole lot better. So for now, we will have a "smaller" garden and work the bigger area with patience.
I purchased a 60" tiller (See the end of this post for why) . For sake of the timing Bird talked about, I tried to till the clay when it was too wet. It clumped up very badly...to the point where my tractor couldn't handle the clay’s glue-like property.
Taking the road of persistence, I continued to till slightly deeper over the next few days as the clay at the top would dry out. Never breaking through the hardpan just a couple inches down, I bought a used sub-soiler to break it up. I would recommend trying to find either a sub-soiler or chisel plow if you face the same hardpan. It will keep the nutrients closer to the top while improving drainage. The sub-soiler broke up the clay to about 12".
I eventually got to the point where about 6" was tilled to the point where most clods were golf ball sized or less. Then (because we really wanted to start a garden this year), I purchased enough coarse, gritty sand and compost to spread about 3/4" and 2", respectively, across the whole garden.
That let me till as deep as my tiller would reach, and made the consistency of the soil much more conducive to plant growth. The sand will improve drainage and workability immediately, but my long-term plan is to use either limestone or gypsum to "fix" the clay for gardening (Get a soil test to figure out which is appropriate). This “fix” is worthy of a topic all on its own, and you should look over to the CountryByNet site for plenty of advice on it.
Also, I debated getting a tiller or getting a chisel plow and disk. The tiller was my choice because I didn’t have a big enough tractor to pull a heavy enough disk to do anything in my clay. If you have a tractor with the wherewithal to pull a chisel plow with 5 blades and a disks of 18” or greater through your clay at a pace of about 4 mph, I think the plow/disk combo could save you some cash in both the short term and long term. I’m no expert, but I would say you’d need at least 40 HP to do it…maybe less with 4 wheel drive.
Sorry for going on so long /forums/images/graemlins/blush.gif , but I went through some similar debates. I hope it helps some.
Sam