To follow up from my post back on July 12, I've added a 60 gal tank from my old Craftsman compressor that died a few years ago, and got a Milton Filter/Regulator, Coalescing filter and Dessicant Dryer plumbed into the system.
I made a short video, it's only 1:20, but a picture is worth a thousand words. (Note: eventually the little green hose to shop will be upgraded to a larger air hose connected to fixed piping i.e. RapidAir or similar.)
Hopefully, it will help out anyone looking for a way to eliminate moisture from their compressed air tank and also to increase capacity of compressed air in their system.