Brendan,
(Sorry John) I suggest "Fixed-Endpoints".
If you use "Auto-Calibrate Endpoints" your procedure would be: connect the battery, hold on tight to the airplane and advance the throttle stick to full power, then bring the stick back down to minimum, now you are ready to start your flight. You must do this prior to each and every flight. Besides the obvious safety concern this is just plain dumb for control line. RC guys can get away with it as they can do a quick full power ground check before taxiing out to the runway or they may opt to always make sure they hit full throttle during the takeoff run. Why would an RC guy want it? It helps reduce the 'dead zone' at the top end of the throttle stick movement. It makes things more consistent when switching from one airplane to the next.
For Castle Creations (the Edge series anyway, the Talon is likely the same) ,"Airplane" and "Fixed-Endpoints" means the ESC is setup with a 1.3 millisecond pulsewidth signal as the lower endpoint. As the signal pulsewidth rises above this point the prop will start to move, below this and the prop is stopped and the brake is on. The upper fixed endpoint is set to 1.8 milliseconds pulsewidth (100% power output). Below this and the power to the motor will start to drop, above this nothing more will happen as you are already at 100% power output.
I'm guessing your transmitter will have no issues using these fixed endpoints. Castle likely choose those numbers as they are sure to work with 99.9% of the RC transmitters out there.
A 60A ESC is overkill for that motor/prop. Don't worry about burning it out (although, make sure your current limiting is set the way you prefer). How much heat builds up in the motor is your only concern. Do some ground runs and test increasing lengths of full throttle bursts. When the motor gets too warm for your liking then you know the limit. Do the same tests in flight. If you do all that then you should have a good understanding of your system and how far you want to push it. It sounds like a good combination of components and I think you will find it more than adequate for the task.
I like quatifiable data. I use wattmeters, ammeters, voltmeters, tachometers and temperature sensors, but that's just me.