I have successfully used my bottling bucket to make wine. I elected to use it instead of my primary because my primary fermentor has a nice hop smell to it. I LOVE the smell, but I was not real excited about having it in my Kiwi flavored wine.
For the 7 or 8 bucks....I am not sure I'd risk a $100 wine kit on it...that's certainly not to say it WON'T WORK. It will work just fine...just be careful of carryover flavors.
Seriously. I'm here for BEER
It's Not The Size Of Your Rig That Counts....It's How Often You Use It.