Very nice job.
I have one on my barrel stove. I had an old 20 or 30 (can remember now) gallon air tank. I mountend it vertical on the post closes to the stove and a ball valve with some old steel brake line and I was in business.
Its like killing two birds with one stone......getting rid of old oil AND adding heat.
To answer some of the other questions......
With the ball valve (or his needle valve) the adjustment is infinite. Anywhere from off to full stream. Sometimes when getting a fire first going, I will open it all the way to aid. And then back it down once I get the fire going.
And yes, it does really add alot of heat.
Oil types....all kinds. Anything that goes into my oil pan, goes into the fire. Hydraulic, transmission, motor oil, gear lube, brake fluid, you name it.
I've never had a problem with the top of the stove getting too hot for the oil not to work. I think it has something to do with room temp oil constantly running down the tube keeping it cool. IE..stove gets hot, but tube dont get so hot.
Stihlrunner, I would offer one sugestion to you though:
Put the valve at the tank and not at the stove. That way it isnt too hot to adjust. Or even just the radiant heat off the top of the stove on the back of your hand. Also, when you close it off, you are probabally boiling the oil in the tube above the valve, and that may give you fits. With the valve at the tank, when you shut it off, the line clears out.