The "smash-through wedge" produced outstanding results for me as well.
I ran a 40-man unit of English Knights into a 40-man unit of French Genedarmes head-to-head in normal formation. Got mutual destruction.
Did the same thing with English Knights in a wedge, using the "smash-through" and not being particularly quick about it. Pushed on through, rode off, reversed and killed all the Genedarms and still had 30 knights left.
This needs a lot more testing, but could be a major find. Also, it might make getting a good charge easier. The knights seemed to keep formation well. (The Genedarmes got a good, lances-down charge also.)
Re: Chasing routers. Line, loose formation works best for me. Go to loose and turn off wedge when the rout begins, but you'll only be fast enough to catch infantry most times.
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