Darryn,
Most if not all the Mozzie sailors camp at the pondage along with nearly everyone else and yes you can have camp fires. <img src="http://www.catsailor.com/forums/images/graemlins/cool.gif" alt="" /> I can't think what it would be like without a camp fire in the middle of winter. <img src="http://www.catsailor.com/forums/images/graemlins/crazy.gif" alt="" />
As for the size of the pondage lets just say that it's big enough to run a full size course and then some.
A link to the Latrobe Valley Yacht Club with the notice of race, maps etc is listed below:
http://www.lvyc.org.au/ Regards,
Peter
p.s. Make sure you bring a good warm sleeping bag.