The pump doesn't need to be external either, I just hooked my new one up with a mag 3 inside, leading to the bulkhead, I need a new pump though.
Make sure you super clean everything prior to use as it will grow stuff, especially since your drum is clear (light can penetrate).
Also you might consider a sleeve of some kind for the barrel to block light out.
I have a bunch of new bulkheads with 1/2" barbed out and 1" threaded female inside, barbed 1/2" T's, grometed elbows, and other misc. plumbing stuff that may be of use, you can come take some if you can use em.