I did a similar conversion. I drilled the outer hole larger than the inner hole, then I was able to remove the insulation and the seal for my spigot is strictly on the inner wall of the cooler, this way I can tighten down with O-rings and not try to work out how the insulation will compress.
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"People should not be afraid of their governments. Governments should be afraid of their people." - V
Primary: Nothin
Secondary: Shady Lord RIS, Water to Barleywine, Pumpkin wine, burnt mead
Kegged: Crappy infected mild
Bottles: Apfelwein, 999 Barleywine, Oatmeal Stout, Robust Porter, Robust smoked porter, Simcoe Smash
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