Switch to False Bottom advice

[dinertime]

I've been using a converted 10gal Rubbermaid cooler with a stainless steel braid as my MLT for a while now, but I am thinking of switching to a false bottom. The reason for this is I want to be able to also use the cooler as a vessel to hold my fermenter with some ice blocks to try to control fermentation temps. (Space issues in my apartment preclude the acquisition of any more large equipment such as a fermentation fridge).

Has anyone else made the switch from steel braid to false bottom? Any pros/cons from going with this conversion?