dont know if the probe can be immersed. I know most tape em to the side of the carboy then cover em with bubble wrap or whatever. I don't know what the cost of the ranco is but I do know I put together the ebay one for under 50 bucks and I payed 20 bucks too much for the controller just to have it NOW. You can buy em for 23 bucks off of ebay...not sure what shipping is.. buy an extension cord and an outlet plus your choice of a project box and give yourself a half hour to an hour to get it wired and viola. The instructions are on here. There are a couple of wiring diagrams...a couple I couldn't follow, one was plain as it could be and made it a snap.