I use a Delta AP400 which is a 1hp DC. Actually I hope to use it again soon since I am temporarily without a shop due to a move (contractor at work on the new garage shop as I type this). I had it plumbed up with large plastic drain piping with ducts at each tool. It would not keep up with my 10 5/8 jointer/planner but would keep up with the other tools. Router table was a struggle sometimes too due to distance. With a larger DC, larger pipe might be necessary to minimize pressure drop but 4 inch drain pipe will definitely work. Static was never an issue. I ran the Delta originally with the bags it came with. They were like 40 micron filters so it put fine dust everywhere. Then I switched to felt bags which were much better but still not so great. It currently has a pleated filter that filters down to about 1 micron. That works well. I also have a pre-filter, a home made Thien baffle, which helps.
My last comment is on cyclones. I use a cheap Rigid shop vac with sanders. It has a hepa filter and also a small cyclone on top that dumps into a 5 gallon paint bucket. The whole thing looks goony. But it works GREAT! Essentially no dust back into the shop. Filter hardly ever needs cleaning and shop vac hardly ever needs emptying.
If I was starting over, I would get at least a 1.5hp DC, put a pleated filter on it (if it didn't have one) and run at least a Thien pre-separator. A cyclone would be better. They work. A good shop vac will work for some things and might be a bridge until you get a "real" DC. But even my little Delta will get most of the waste, at least on a good day. Lines plug up, sometimes, however. Especially for a stationary system, 1.5-2hp is appropriate even with gates at each tool.
Make your own gates, by the way. You can make them of plywood scraps and they will work better than the plastic gates. If you can afford the metal ones they might be better. I never tried them. Wooden ones work well and the price is right. An adjustable hole cutter helps a lot so you can make holes the size of the pipe or a pipe union.