Thanks for all the advice and replies.
I never did use the waders, although I have not ruled it out either.
A week or two after my original post, I did fall into a different pond, from the one I was considering using the waders in, while balancing on a log.
I brought a pair of tall rubber boots with me a few times i went back to the pond, I wanted to use the waders in.
I have gone out a little bit and I see how helpful they can be but also have seen how the soft bottom can cause you to sink fast.
Fortunately, I have been pretty careful and have not had any accidents while using them.
In fact using them gave me access to make a few casts which help me get a few chains that I would never had been able to cast to from shoreline.