Hey I thought I would provide an alternate op from most. I was in the same conundrum a few mos ago when I decided Spike was the conical I wanted.
So yes, you can use a cf10 for 5 gal batches for the off-chance you need more volume out of every x brews. I am at the point I only make 5g because I like variety and I don't drink THAT much too quickly.
Some cons to getting the cf10 for 5g batches.
1) If you get the temp coil it will not cool as efficiently as only the bottom portion of the coil will be submerged in wort.
Well, not as efficiently as if the entire coil was submerged, but...it cools well enough. I've done both 5 and 10 gallon batches in mine, the cooling effectiveness is about the same.
2) the thermowel is barely at the 5g mark so your temp readings would be off if you are close to the line or after trub dumps.
I have heard you can swap the thermowel to another port, but haven't looked into the odd configuration that would take.
I use a TILT hydrometer in mine--it reports both gravity and temp. I've found, with 5-gallon batches, that the temp the TILT reports is the same as the temp probe in the thermowell.
Further, during active fermentation, which is when we most want temp control, that yeast is roiling up the wort quite a bit. In other words, the wort isn't static, it's being mixed.
As far as moving the thermowell--it's not a problem for me with 5-gallon batches, so I'm not touching it--you could install it in the sample valve location.
But again--I have an independent assessor of temp (the TILT) and it's not been an issue for me.
3) oxygen... If as you mentioned you may only do 10g batches in the future or as a one off, you will have a lot of headspace in every batch. This not only has the potential or introducing your wort to more oxygen, but again will cause inefficiencies in cooling.
We're going to have to disagree about this. When you start, yes, the headspace is full of air, 21 percent of which is oxygen. Of course, some of that is absorbed into the wort, which is what you want so the yeast has something to work with. Further, if we're using liquid yeast, we oxygenate--oxygenate--the wort. If this was a problem, it'd be a problem with starters, with those who just use pails or plastic fermenters, with virtually all brewing. Not a lot of evidence of that. None, in fact, that I can think of.
Further, as fermentation starts, the yeast produces copious amounts of CO2, which blows out any remaining air. Yeah, it takes a day, but early in the fermentation, yeast isn't having a problem with this, and neither is your beer.
By the end of fermentation, you can expect the entire headspace to be nothing but CO2. For each 2 points of gravity the yeast consumes, it produces about 1 volume of CO2. So if your beer starts, say, at 1.055 and ends at 1.015, that's 40 points. Divided by 2 is 20. Suppose you have 5.5 gallons. Multiply it out and your yeast is producing 110 gallons of CO2, which is flushing the headspace.
If, still, this is a concern, you can purge the headspace with CO2, but why I don't know. You *want* the yeast to be happy.
I chose the CF5 and have no regrets. IF I decide to go up to 10g batches in the future I'll look at a second conical. No point in spending the amount of money to then battle with the above if you're not consistently making larger batches. Just my 2c for what it's worth.
I've brewed a TON of excellent beer with my CF10, most of which have been 5-gallon batches. These battles to which you refer? I have never had to fight them.