My Paratech had a 600 foot main bridle and a 650' trip line. To recover the 'shute, I put the trip line on a large electric winch, powered forward at a slight angle, and basically turned the shute inside out.
Once it was tripped, I winched both the primary line and the trip line alternately until the shute was within about 10' of the boat. Then I clipped a halyard to the main line and lifted it out of the water, hanging it off the mast about 30 to 40' while It dried.
Then I repacked it on the foredeck.
With a smaller boat like my current ranger, I assume a 6' to 8' shute and 50 to 80 feet of main line would be sufficient.
A long main line is necessary to control the forces - acts like a spring.
As the shute grows smaller, it approaches the function of a drouge - and should be much easier to recover.
I, and everyone I ever talked with that uses or used this, suggests you hang the shute off the bow - I don't know about a drogue, but if you hang a shute off the stern, the water flow is over your rudder in "reverse" and may damage your steering gear.
If you stop facing the current, you still have a bit of steering and there is no damage to the rudder.
I'm not a good source - I used it in very heavy weather with a larger sailboat - the Tug is quite different and the forces are, I presume, much much lower.
BTW, the factory supplied line on my 18' was 1" and the trip line was 1/2" - kind of daunting after moving to a more realistic size boat.
/Stu