Jac,
If you are going to have to empty the tank, and dry it completely, I would recommend welding the spot, or area, on the outside. After the area has been repaired/welded, clean said area very well, with a wire wheel, removing all slag/buildup of paint dust/other grime. Make sure everything is tight, and figure a way to compress air in the tank (this does not have to be fancy, just using a wet rag, around the end of your air nozzle with a tight grip). Pour soapy water over the area while it is compressed with air. Look for leaks. Do this several times.
We manufacture industrial equipment that is powered hydraulically. The tanks are anywhere from 30 to 100 gallons. About 3 out of every 40 tanks come to us with some sort of leak, just like you are describing; right around the bung (not where the plug is threaded, but where it is welded?). This is how we do it.
Of course, if you don't have access to welding EQ, then nevermind. My apologies if this is obvious, and you have elected to not do it. However, it is probably the cheapest, most reliable method.
That thing is looking great, and I wish I had the time and patience to do what you have done.
-Gary
"I can't believe I'm sitting here, completely surrounded by no beer!" -Onslow