Analyzing metals in drinking water is easy and accurate, I wouldn't suspect a bad result. The sample that you collected was a grab sample (one snapshot in time). Did you say that your County does free As testing? Have them do it again. Then also have them test the performance of your RO water too.
RO filters should filter about 90% of all minerals and metals (including high iron), Arsenic is a heavy metal and should be considered a health concern. Iron is not a heavy metal and only regulated as an aesthetic standard of 300ppb, but usually not a health issue, many of us use iron skillets for cooking.
Your backyard stream should be fine as long as the kids don't put their heads underwater, they don't have any open cuts on their skin and they wash their hands well before eating. My kids used to swim in our nearby river that usually has a pretty high E. Coli counts, but following the rules above, they never got sick. BUT if your kids are young and might sneak a drink or splash water into each others faces/mouths, then you better supervise or keep the young ones out. You could have it tested for bacteria, a
quantitative test for Total Coliform and E. Coli, also known as enumeration.
Check out Consumer Reports at your local library, they usually have past issues to read for free. CR has the best advice on which units to buy and rate their performance side by side. Internet reviews are free, so who knows who is paying for those comparisons.
Good luck,
Hugh
Arsenic standard was set in 1977 with a Maximum Contaminant Level (MCL) of 50ppb and recently in 2008 reduced to 10ppb and notice that iron is not on this Primary MCL list:
http://www.cdph.ca.gov/certlic/drinkingwater/Documents/DWdocuments/EPAandCDPH-11-28-2008.pdf
Secondardry list of contaminants has iron at 300ppb and zinc at 5000ppb (aesthetic standards, not health standards)
http://www.cdph.ca.gov/certlic/drin...lyadoptedregulations/R-21-03-finalregtext.pdf