Given enough time, and given enough sheer volume of developer to be sure it doesn't exhaust, D-23 can offer a full density range. I'm pretty sure that would mean having plenty of developer if it is used very dilute as you say you intend.
At 1:3, which I've never used, for testing, I'd want to have maybe an empty reel for each reel with film in it, and filling the tank right to the top, as a starting strategy for roll film. Some similar plan would need to happen for sheet film. If your subject matter had a lot of high density areas - skies and white backgrounds etc, that would be especially important, since those areas exhaust developer the most rapidly.
All of this is probably a good question to do testing on rather than guessing based on speculations from others.