If this is 5x too expensive then you must be doing your cost estimate based on the cost of fabrication in heaven. I can barely strike an arc for $40. (let alone $8.), and you are not proposing a simple project. I normally figure (and advise my customers) that it will cost me 3-5x as much to fab an item than it will cost to purchase factory made, and in this case will probably be more like 10-20x.
Go to an industrial plumbing supply house and look at the size of bolted flanges and caps rated for 150 psi. in the size you are proposing, and check the price. The bolts alone will cost much more than the complete HF paint pot, and don't even think about using hardware store bolts or threaded rod.
'A chain (or pressure containment vessel) is only as strong as its weakest link' and you are proposing a LOT of potential weak links.
The more qualified answers you have received have tried to gently discourage you from attempting this project, but you do not seem to appreciate the potential for destructive failure with what you are contemplating. This is NOT a project that is within the design or fabrication skill set of someone who describes himself as "not a certified welder in any way, shape or form." and is beyond the practical range of your TIG.
I suggest that you get QUALIFIED engineering advice. Do not underestimate the potential for the consequences of failure which can include injury or death.