Thanks pooldv, I understand the auto fill level and how the floats work.
I was wondering how the drain level is determined in the model that Dirk shared since it appears that with that device there is no need for an overflow grate.
Looking at the instructions in the link below it appears that the overflow height is determined by how high the overflow drain line sticks out?
http://edc.poolsupplyworld.com/wpdf/poolmiser_instructions.pdf
That's correct. The filler has a couple of adjustments. The overflow is just a pipe. But the pipe is just held in place with friction, not glued. So you can wiggle it out to drain a bit if you ever need to*, or you can shorten the tube, by trimming it, if your high-waterline is too high. I did so on mine. If you want to lengthen it (which I haven't tried), you could find a longer replacement or fit a small extension on the end. Mine is 1", so a 1" PVC coupler fits perfectly on top. The pipe itself is not schedule 40, it's thinner. It's probably just 1" thin-wall PVC, but I'm just guessing. Point being, it's not as easily adjustable as the filler, but it is adjustable.
* When I was trying to replace a bit of CH-rich pool water with CH-free rain water, I would lower the water a few inches before a storm, then let the rain fill it back up. I didn't need to siphon or pump, I just pulled the overflow tube out of the bottom hole and let the pool drain through that for an hour or two.
Even without the above water-replacement maneuver, the system is beneficial to my pool, which accumulates CH, TA and salt, because whenever it rains, that fresh water floats on top. But the water that's being displaced by the incoming freshwater rain is drawn through the equalizer tube, which is at least 12" below the surface. So theoretically, whenever it rains, my pool retains the fresh water and empties the pool water. I don't really have any evidence of that, or a way to test it, but the theory is sound (or at least plausible). So at least in my case, the system is beneficial beyond just maintaining the perfect water level. If my overflow was just a hole in the side, it would drain the fresh water layer right off the top (again, theoretically).
I check the unit often, and have never had any issues of leaves or clogging, etc. It all works really well...
Have you tested your fill water? Mine is high in CH, so I re-plumbed my autofill system with a set of valves that can source city water or my water softener. I can dial in either as needed. With the softened water fill supply I hope to control the pesky CH-creep problem most of us face here in the southwest. Perhaps something to think about while designing your pool, if you have a softener...