Yes Ben you are interpreting the CFS correctly. Whether it's right weeks 4-6 is another question, lol! Generally the weekly products add some statistical value out to week 3. In the dead of winter or peak of summer - in stable patterns - they can add value week 4. By adding value I mean verifying with a significant correlation to realty when week 4 becomes this week.
Nice tie in to my next point. Which trough should one chase. We have one the end of next week; but, it's prone to all the risks of the first trough (moisture, cap, surging CF). On the other hand it could be grand. I'm calling trough #2 the one currently progged (subject to change) around May 16-17 - perhaps lasting into May 18-20. I like that one, but my gut can be wrong. Some weekly products (and tail end of ensembles) have yet another one late that week. Well that's week 3 almost week 4 when verification drops. A bird in the hand is worth more than one in the bush.
Obviously if one lives out there, chase all 3. Rest of us need to make a choice. I'm not even considering #3 yet. Based on #1 questions, does #2 count as the bird in the hand? Or be literal, the first one is the bird in the hand. Still a few days to make the call. Even if one flies, air fare is cheap right to walk-up. No reason to rush decisions.
As in any year, driving offers maximum flexibility. Just need to start downloading audio-books. One possible consideration. Kansas Ad Astra Plan (re-opening) begins Phase 2 the week of May 18. Storm chasing is already socially distant, but Ad Astra is a potential tie breaker.