You are going to have to do a lot more research on this subject. I spent weeks reading about it before going the pressurized route, and still missed the drop checker matter until a month or so ago. Granted, I was using Red Sea's drop checker with the tank water in it, and couldn't understand why my fish were gasping for air but the solution in the Red Sea drop checker was still blue. So, i chucked the entire thing in the trash. Last month, I learned the reason for that 4dKH water and not aquarium water needs to be used.
I have my pressurized CO2 system hooked up to diffusers in the water to make sure that all the CO2 is dissolved and not wasted. Going the airstone route might work if it makes really small bubbles, but with the diffusers I hardly if ever see any bubbles coming out of them (i.e., the CO2 is completely diffused into the water). Short term, the airstone would be cheaper, but it will cost you more in CO2 in the long run. Kind of the same principle as a large CO2 tank versus a small one. Right now, I am debating the purchase of a 35lb or 50lb tank because I am el cheapo in the long run.