I had an emerg cs at 34 weeks when I haemorrhaged with major placenta praevia. Woke up bleeding at 2am, went to hospital in ambulance. Hung around (on a bed in the delivery ward, being monitored, drip attached etc) till 4pm. They expected the bleeding to stop but I kept getting little gushes of blood every half hour or so. But ds was completely fine, so we kept waiting. Then I went into labour, so off I went to theatre. As I signed the consent form, they said it would have to be a general. To which I said, excellent, knock me out now (labour started rather fiercely). Dh says, on the way to theatre the surgeons and the anesthetists had an argument about whether I should have a spinal or a general, and the surgeons won. So I got into theatre and they were rolling me onto my side to do the spinal, with me thinking confusedly that they didn't do a general like that. Once it took effect I was glad to be awake.
The cs went fine, in spite of having to cut through the placenta and get it out in pieces. Ds came out yelling (i.e. breathing!).
Your question about bonding/feeding - I was awake but I only got to see ds briefly as they whisked him past on the way to NICU. Dh went to NICU with him and told everyone in sight that ds wasn't to have any formula. That was at 5pm and I didn't get taken up to see him till 11pm, when I got my first cuddle (it didn't seem like that long - felt like about 10 minutes). He spent a week in nicu and a week on the ward with me. We both came home when he was 2 weeks old, when he was fully breastfed (before that he had expressed milk down a nasal feeding tube). Bonding and feeding were not a problem!
Does the baby require you to be concious, to feed? Just a thought...
Make sure everyone knows the baby is not to have formula and give dh a printed "NO formula" sign to attach to the baby's cot!
Good luck! I thought that a haemorrhage / early cs was a worst-case scenario and actually it wasn't that bad. And you have a good chance of not bleeding.