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@AndresCaicedo I feel dumb for not doing this myself before, but I have just now checked that Kanamori's book indeed has the proof I was thinking about. Feel free to post this as the answer, and I'll award you the bounty.
I have never seen upper asymptotic density (not the symmetric one) being used for $\Bbb Z$, because it completely ignores half of the set. May I ask where have you seen it being used?
Could you elaborate on why you think your first claim is true? I guess that you mean to always choose the least $p_i$ such that adding $p_i^{1/e_i}$ factor will make the product not exceed $r$, but I don't see how it guaranteed the product actually converges to $r$ and not something smaller.