I have also scanned 35mm and MF Tri-X negatives, as well as many other B&W films, using a Nikon LS8000 film scanner and Nikon Scan software. Agreed, NS is not the world's greatest, but it hast the tools you need to do the job.
(People rave generally about VueScan but I find it's appallingly poorly documented, especially for the multi-frame scans one does with film scanners--never could figure this out. Agreed, I'd go with Silverfast if it weren't so dang expensive--and I may have to, since who knows how much longer Nikon will continue upgrading NS as new OS versions appear?)
I usually scan at 4000ppi in 16-bit mode in RGB--mainly because the sharpening software I use requires RGB images rather than grayscale--otherwise I don' think it matters whether NS "averages" the color channels or PS does it. I do a preview scan, and crop if needed and adjust the tone curve on the toolkit panel for the black and white points I want. I may also make minor adjustments in the tone curves as well. Then comes the final scan. I find that a slightly thinner negative scans better if I'm to retain sufficient highlight detail. I output scans as TIFF's.
Next they go to PS, where I spot the inevitable dust; then PhotoKit sharpener. Next I merge the sharpening layers, desaturate to monochrome, and add a curves adjustment to get tones where I want them. This file is then saved as a separate "master" file; any crops from this are saved as separate derivative masters.
The appropriately cropped image is then resized to 360ppi at final output size, with PhotoKit output sharpening applied and the resulting file flattened, converted to grayscale, and saved as an output file. It then goes to ImagePrint for printing.
I am old school with a long experience of the wet darkroom, so I strive to get the negatives right in the camera and in the Jobo so I have little to do in PS. I think this is the oft-overlooked key to getting the best scanned images.
Check my website for some examples:
www.mikesebastianphoto.com. Some of the B&W's are digital, but most are film-based.