I agree with Chris. I have never heard if a 7.5hp being anymore unreliable then a 5hp. The only thing I can say is on any 7.5hp compressor they have the same exact pump as a 5hp but are spinning faster to get more CFM and that wares the pump and valves out a lot faster as a result, the only exception to that would be the 7.5hp with a 10hp pump. The pump on the 10hp compressor is larger by a wide margin and the 7.5hp motor turns slower and will spank the CFM output of a standard 5hp pump even if it has a 7.5hp motor on it.
With regard to the 3ph, I have done my homework on that also and you will not (in my area atleast) be able get the power Co to provide any residence 3ph. It will have to be zoned commercial and on it's own service separate from the house. Along with that the electrical rate $$ is totally different (more expensive) then the residential rate. Along with having an electrition wire and install a 3ph- 220v/110v converter again expensive.
There are ways you can convert single phase to 3ph, I have looked into that too but that can get expensive.