We're running a slightly different display setup with twin Lowrance HDS units but for all intents and purposes the sonar part is the same. We can mark individual fish on the bottom in 200-250, and easily locate the deep scattering layer/bait at 400+; I've never marked predatory fish at that sort of depth but we don't do much of that kind of fishing and I haven't taken the time to tune the settings for it - for what it's worth, if you're fishing that deep you've got to be comfortable deep in the menus of your unit because in my experience nothing on the market will give you good results at 400+ when set to "auto".
The 25 degree wide beam on the 275LH-W can be a mixed blessing. It is very good for finding the general area fish are in but it can difficult to pinpoint fish if they're very localised - in 90m you're seeing a 40m circle on the bottom so you could be marking a lovely fish that's 20m to one side of you.
We often lose the bottom momentarily when backing up to manage our line angle when deep dropping, especially when it's choppy. This is somewhat just the reality of transom-mount transducers, but is probably exacerbated by the relatively small boat meaning the transducers are fairly close to the prop.