AFWAW, The purpose on exposure is not to punish your wife...it is to end the affair. They will get in trouble but not as bad as you expect (unless they were actually "caught in the act" on-base) which seems unfair. I doubt she would even get an ART 15. What she will probably get is an LOR, markdown on her EPR, and no medal. The will probably PCA vs PCS if her job is somewhere else on base and not considered a Special Duty assignment. Will this stop her from making SMSgt/CMSgt...probably for about 3-5 years depending if she is marked down in LEADERSHIP, JUDGEMENT, PROFESSIONAL QUALITIES...a markdown in Leadership will pretty much guarantee she will not get promoted again. I would mark her down in all three areas and give her a 4 (I would give her a 3 but would not want to explain if otherwise she has done an acceptable job, I would never rank her IMMEDIATE PROMOTE)
The PCS will depend on your join-spouse intent code if you want to stay together. I would not change it until you are actually divorced
Part of your exposure should be the OMs W...all four of them if you can find out who they are, her supervisor, her 1St Sgt and her CC and the OM 1Sgt and CC. Is she going to be ticked...oh heck yes...I will repeat the old phrase "Your marriage can survive her anger, it will not survive this affair"...and yes it will help you during the divorce...I am still waiting to hear she has spent an unknown amount of money that will get added to your marital debt and you have to pay half.
Your call...I agree with you on the punishment but you are not the one to make that call...if that is your motivation I would wait a few days and think about it...if your goal is to end the affair and see where you are at with your marriage when the 3rd person in not involved...again, with 16 years and what sounds like a promising career with great potential to be promoted I wonder if she has mental issues...alot of benefits are being put into jeopardy for little to no gain.
Take a break for the weekend although if you have filed today it would not have been to early...