Right now I have a couple of old hotdog style air compressors tied together in my garage. They are of the age that they are concerning me of possible tank rupture. I have no evidence they are going to have any issues besides the age. One is a 12 gallon compressor with no branding but is very old and has a slow turning single cylinder cast iron pump with a 1/2hp 110v motor. It cant put out more than a couple cfm at 90psi im sure. The other is an 8 gallon direct drive husky compressor. Its noisy but has been reliable. I run both compressors at the same time on a single 20 amp plug so clearly they arent that powerful. Combined they produce enough air for my needs have a 20 gallon combined capacity. I am looking to get rid of them and get a newer larger compressor. I like the looks of the mcgraw 29 gallon air compressor at harbor freight. Right now my store has one in the clearance section for $150 off of retail. My only concern is the tank is not ASME rated. The compressor has a 165psi cutoff and im sure for company liability reasons the tank is well equipped to handle much more. They probable did not want to pay for ASME rating. So how important is an ASME rated tank in a small residental 110v compressor?