I don't see a problem getting a coiled IM device in a round cooler. On the other hand, if you are talking about using the coil in the mash tun for heat transfer, that will be much more challenging. A mash at the typical 1.5 qts. per lb of grain ratio is an inherently poor conductor of heat. If, on the other hand, you are talking about constructing a HERMS system and recirculating the wort through the coil that's located in another heating vessel, then that should work just fine. HTH