As for doing another one... I'm really on the fence. I did have fun and it was a great time, however I'm 100% positive that grinding out another 16 hour IM won't be as enjoyable. But, I can't imagine training hard enough to shave a reasonable amount of time off that - say an hour.
The bike is tough - stopping 5 minutes every hour basically knocks down your average speed by 8.3%, changing a 16 mph ride average to 14.7 mph clock average. Or for me, changing a 14.9 mph ride average to 13.4 mph clock average. I'm not hung up on speed, but it is important to make the bike cutoff, and I cut it close. So I'd only even think about another one if I could take an hour off my bike time, which means averaging 14.9 mph clock average, or 16.3 mph ride average taking breaks into account. This represents a nearly 10% boost in bike power - not unheard of, but that would take some work on my part.
Basically, I was worried about the bike. After a while it became clear that I would be able to make the cutoff... barring a mechanical problem. Something like a flat tire might have put a serious dent into my timing.
I think with more work I could also shave 30 minutes off the run. And, perhaps 15 minutes off the swim. So I think my upside potential would be 1:45 faster, or a roughly 14:30 finish. But again, this would take some training and physical ability I'm not sure I have.
The half-iron distance is looking better and better as a "long" course challenge. I finished the first loop of the bike feeling good. Unfortunately, I forgot to look at my time. Maybe I can figure it out from looking at my HRM elevation data. Also, the first run loop felt pretty good - I think it was about a 2:45 half marathon, which would drop a little by cutting out 56 miles of biking. ;)
I think my best plan as for a future Ironman is to sign up for another if and when I can get my half-ironman time down to the 6 to 7 hour range. This would break down into a swim/bike/run of 0:45/3:30/2:30 and eventually becoming a 0:45/3:00/2:00. I think that is reasonable as a goal.
The only thing I know is I'm looking forward to slacking for many weeks. After that, I might indulge in speedwork, to see if I can get faster at sprint and olympic distances. This will be a welcome change from the long training ride and runs that IM requires.