We used this exact setup planting into stripped wheat straw this year. I would say we moved anywhere from 40 to 60% of the residue. We got a pretty hard rain 2 days after planting and we ended up with a lot of crusting. We also had trouble with the coulter bringing up mud and sticking to the gauge wheel. Our solution was to take off the coulter and raise the single wheel and slot the corn into the stubble. Moved 0% residue and had much better stands. We had some hairpinning but didn't seem to hurt any. Also the slot planted corn was planted about a week later and the ground was a little warmer but in general the less residue we moved the better off we were.

 Another thing you will want to keep in mind about stripped wheat straw in your part of the country is the wind. The taller straw will have a tendancy to break off at the ground and start blowing. Some guys even report of a snow ball effect where you end up with huge piles of straw. A cover crop seems to help hold everything together. I know you don't want to use up much moisture but if you plant a low water use crop like proso millet or german millet it might be enough to keep it from blowing. Also let your volunteer wheat get some growth on it before you kill it. The nice thing about the stripper is that your volunteer will be spread more even across the field than with a straight cut head. You don't get strips of wheat growing because of it coming out the back of the combine with all the straw.