I did it about 10 years ago under most of our house. Crawl space was smaller than yours and I used non-encapsulated roll so on the whole a fairly unpleasant job shuffling around on your back….. It was worth doing and solved some damp / mould issues under furniture as warm moist air was no longer hitting a cold surface inside the house.
As you said it has to be well ventilated or you just transfer the moisture problem under the floor. I held in place with stapled up netting from the local builders merchant (like cheap black garden netting). Also made / stapled together little trays from DPC where the insulation meets any walls / sub walls so it can’t track any moisture (probably less of an issue if your insulation is already enclosed).
I’m doing some heating pipe mods underneath at the moment and everything looks good (no moisture, mould, rot, mildew etc).