Flintstone,
I've got a CZ7a, and depending on ground conditions and your unit...yes, you could get a quarter that deep. I highly recommend downloading and reading the manual.
It's got lots of good info.
The critical part of the setup will be ground balancing. If GB is off, depth is off. And unlike some modern digital detectors, it doesn't ground track. So, ever so often, you'll want to check to be sure the ground hasn't changed GB too much.
As far as sensitivity goes, it's the same for all CZ's...crank it up till it chatters (on location), then back it down till it fits your idea of 'quiet enough'. Some guys like 'noisy', others like quieter.
Don't just blindly set the sens to some arbitrary number from some forum. It won't be optimum for either your machine, or your location.
Then just dig the high tones. I like the CZ's because they do all the decision making in the audio. You don't have to decode a TDI number and then decide.
Make passes on a possibly good signal from different angles. If it breaks up badly from one direction, and/or the ID tone changes drastically, it's probably iron.
I personally like to turn off the iron discrimination notch so I can hear it low tone along side the good signals. Helps me hear when iron is trying to fake me out.
Listen for short, repeatable faint blips if you want the deep stuff. Also the CZ has a great nickel window, so you'll probably find more nickels than you're used to.
As far as any CZ-7a quirks, it's got a slight delay when responding to button pushes, including pinpoint. That's normal. Anticipate.
(Speaking of pinpoint, since the PP button is in an awkward spot, a lot of guys stick on a little clear vinyl 'foot'/'bumper' onto the PP button. Makes it easier to feel.)
If you take it to where "a lot of kids play" and dig the high tones, you'll find coins. Good luck, and have fun.
mike