It is imporatant to be around for the first few cycles. You become considered on recruits and that can keep others away. This doesn't always work, some people will start battles for recruits no matter what you do.
The 12:01 cycle ends at about 2:30ish, so it is important to be on for that cycle and probably the next (2:30 till 5:30). After that it is ok to miss here and there but I try to be on for most.
There is another theory that alot of succesful coaches use that is to not be on for the first cycle. Let the diehards that want a specific recruit get on their guys, then take the people who have not been recruited heavily yet. I feel this is a pretty good strategy for new coaches.
Also I quickly looked at the ditribution of your recruits (not the quality). Based on numbers, you have 8 open schollies and not that many holes. You do have a huge Jr class, 22 players, so you will want to prep for that at some point.
I would shoot for these positions:
1 OL (next year you will need to sign 1 or 2 to prep for that jr class' graduation).
At first, I would pick 4 guys (I would get a RB, WR, OL, DL), all on the DIII search and none of them the 'best' guy within 250 miles. All kinda in the 15-30 range for their position (within 250).
Only go after these 4 until after signings start. At that point, you will have a little experience with recruiting (quality, cost, poaching, etc...). Then target 2 more (say the DL and LB). You can adjust up and down (quality wise) based what the first four cost you and what is available.
Once the next two are signed (and 1-2 days into signings) go after 1 more, then when he signs, 1 more.
Your first time out you will probably run out of money somewhere around recruit 6, don't be discouraged alot of people do this.
Last thing. Don't give a scholly offer till at least the cycle after the recruit is considering you, it's not worth it. And don't go after 20 recruits at once, you are wasting money, you are only able to sign 8 max.