The whole plan was two torpedoes and 8 bombs, maybe they assumed kamikaze, which if the most elite pilots were used should be a majority hits, maybe, if everything, just everything goes just perfect. Japanese intel told the Japanese by late 1945 the airplanes and AA were gone. Now even if not air defenses and total surprise, I give 10 planes a 1 in 3 chance of working.
http://www.usstexasbb35.com/14_naval_gun.htm
Looks like 578 KG on 14", 45 Caliber. The Japanese bombs were 800KG, so they are battleship class rounds, probably the same type of weapons used on the Arizona.
I do like the commando option better too, because at such a high risk operation, cheapness (not using 3 custom built subs) has huge advantages.