Hey Wallin,
Sorry for the late reply,.. totally forgot about your post.
If you plan to bounce your mixes (2 buss or single tracks) , I suggest that only you can say what's going to work best.
Kind of like asking what settings a tape saturation plug in should be set at.
It totally depends on your vision of what you wish to accomplish and the track in question.
That said, you should do some experimenting with different tape types. There are other folks who do this and it would probably be a good idea to ask somewhere like GearSlutz or TapeOp to ask other folks which tapes and speeds they're using.
If you have an RS1500 owners manual, they do have some general recommendations regarding bias and eq settings for various tapes. Most tapes like 911 do pretty well with bias and eq at the middle setting(#2). I'm not sure about 900 but you should be able to figure it out by looking at the charts over at US Recording Media.
http://usrecordingmedia.com/whtashius.html