It'll be an easy job to replace that insulation with vermiculite, compared to digging the old Kieselguhr [aka diatomaceous earth] stuff out!
Some of the old solid fuel AGA's weren't suitable for use with wood, as the coke/anthracite furnaces were smaller than the wood-fired ones. The Brits may not be aware of that. Hence the oil conversions here.
The AGA in the Benambra homestead didn't have a wetback, so it didn't need to be run for hot water.
That was heated by the old wood-fired cast iron 'donkey boiler', which used very little wood.
One of these:
A half hour burn would have the water in the main tank boiling. It was a gravity feed system, with thermosyphon circulation through the boiler.
There's a build manual for the pre-1972 models on the Oz AGA distributor's site here,
http://agaaustralia.com.au/aga-manuals/Very useful, especially as it documents the exact locations where asbestos was used in these stoves.