Down pressure is over rated. A bit that actually does the digging is much more important then forcing a dull bit into the ground. Just like drilling a hole into wood or metal, you want to let the bit doe the work. While I'm a huge fan of a hydraulic auger, especially since it has reverse, I can't justify the price of one. Since you said that you are able to do them by hand, I would suggest looking into a decent quality 3 pt auger. Even more so because of your time restrictions and that this might take awhile to find enough time to get it all done. Odds are very good that you can get some, if not most of them done with a 3 point auger. What you cannot get done, you can always go back to doing it by hand, or a combination of the two.
Not all 3 point augers are the same. The gear boxes are pretty much the same, and so are the frames to mount them, but he cutting teeth on the auger itself is what is different from each other and what you need to pay attention to. I've become a huge fan of the Country Line augers at Tractor Supply. They have replaceable teeth that work great. You might even find that they dig too well when you lose control of it and it buries itself into the ground. That's where reverse would be so nice!!!
I use a 12 inch auger for my fence posts. I measure, then measure again, then mark each hole, and after digging a few holes, check everything again. What happens is when you are digging, you hit rocks and roots, and who knows what else is down there that forces the auger off to one side. Once dug, adjusting the hole by hand is fairly common. But you just stick with it until it's perfect, and then move on to the next one.
Good luck.