"Robert E. Lewis" wrote:

... we're going to have to have a new well drilled.

way ... water at about 300 - 350 feet ... that's the
depth we'll be looking at for our own.

I'm probably going to have to go with a 2" well and a jet pump, for reasons
of cost, but I'd appreciate hearing the pros and cons of both options -- jet
and submersible.

....
... I've been told wells with submersible pumps are prone to
lightening strikes, but have never heard that first-hand or even
second-hand -- is that really a problem?

Any other points to weigh down one way or the other will be appreciated.

At 300' or more, I'd definitely go to the submersible.

1-1/2" should be adequate for household supply and a 2 hp pump also.

Don't know who told you about the lightning, but it just ain't so...