Former USAF fighter-bomber pilot …
48,000 ft is high altitude, but nothing special in terms of the appearance of the Earth or sky. I’ve been there & seen it myself & it looks just like normal airliner altitudes.
It’s also waay too high for B-29s, but if you’re stuck with it, go with it.
Any bombsight for dumb bombs, from the Norden of WWII to the modern CCIP (continuously computed impact point) systems of current fighter-bombers / attack airplanes (F-16, F/A-18, Typhoon, Rafale, SU27) , can only compensate for the wind drift at the altitude of the bomber.
If the wind field varies widely in the atmosphere below the release altitude, the bombsight won’t know about it & can’t compensate for it. The result is an uncontrolled error in the solution & a large miss distance. And the more atmosphere below you, the more likely the wind on the way down is not homogenous.
Note that the unknown lower wind field won’t increase the dispersion of any given salvo, it’ll just push it all, say, 500 meters Northwest of the aim point on this particular drop. Over many salvos on many missions the overal effect is to increase dispersion by a statistically significant & fairly reliable factor.
WWII era bombs were not highly streamlined & were more affected by wind during freefall than modern bombs. WWII bombs also were notorious for not very repeatable fin installations which made for a few fliers in each pattern. I’d add 70+ mils to the CEP to acount for lower altitude winds & crappy WWII bombs.
I don’t have any direct sources for typical Norden accuracy , but Dave was there & his 27 mils doesn’t feel too far off; that’s about 500 ft at 24,000 ft release altitude which sounds pretty much like typical WWII numbers I’ve read elsewhere.
In terms of effectiveness, typical WWII bombs were either 250 or 500 lbs. A reasonable kill radius for soft buildings (factories, offices, houses, etc) is 100 ft, with damage radius out to 250 ft. Clearly dropping single bombs with a 100 ft kill radius and a 3000’ CEP is not going to be effective except as harassment. Dropping large quantities from a whole formation will give you the large shotgun pattern you need to probably hit something the enemy values.
All in all, WWII aerial bombardment was a fine way to attack cities, a marginally effective tool for attacking even large factories, and wholly useless for pinpoint strikes. As long as you don’t care about collateral damage & have the time, bombers, and bombs to spend on repeat attacks, eventually you can hit any desired shack in the county. The question is whether you’re willing or able to turn the rest of the county into the surface of the Moon just to get that one key shack.