Hi Jimmyson and welcome to the forum

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Nicely written thread and first post

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I think what we get worried about on this forum on a thread like this is...
Equipment Often Costs the Brewer Rather than Serves the Brewer
For example, a pump might sound great but the other parts required and maintenance it involves means it results in more work/labour than simply applying a little heat and manual agitation during the mash. Let alone the dollar cost.
Before adding equipment to a home brewery, it is important to really slow down and visualise how that equipment is going to work on a brew day. Will it work for or against you? I have a massive cupboard full of things I thought would work for me but actually cost me time and labour.
Making Wort is Over-Glorified - It is Easy.
Making wort (mashing/sparging and boiling) is not rocket science. Way too much attention is paid to this very simple process. Pure BIAB (full volume, simultaneous mashing and sparging, single vessel brewing) shows just how easy it is.
The hard thing in home brewing is maintaining the production of high quality wort brew after brew and the more equipment you have, the more likely you are to have subtle infections creeping into your system.
Flour in Wort: A fine grind should not be used in BIAB or traditional home-brewing.
Read
here.
CIP (Cleaning in Place) is for Commercial Breweries.
CIP is a practice that is perfectly sensible in a commercial brewery but can really cost you a lot of time and labour on a home brew scale. Also, a commercial or even craft brewery is constantly making beer so their system is never stagnant - a home brewery spends most of its time idle. Even so, the commercial breweries still have maintenance schedules which involve completely dis-assembling equipment into individual components. (For example, when I was in pubs, we even dismantled our dispensing taps once a week and cleaned and sanitised them completely.)
A ball-valve, kettle tap is far more likely though to get an infection than a dispensing tap. Ball-valves are used everywhere in breweries and are cleaned in place but they are also still pulled apart regularly. Ball-valves actually are a sphere inside a cylinder and this means that the valve holds liquid in a dead space. Search this site for 'sphere inside a cylinder' for more info. In a commercial brewery, there is no time for the wort etc to stagnate in the valve as the next batch is always coming through. In a home brewery, that liquid has a week or sometimes months to stagnate. Even if the ball-valve sees boiling point temps (which most kettle taps don't) then the wort can still come out tainted.
So, more equipment might sound great but it really can work against you. I think this money is much better spent on fermentation and fridges and dispensing or, better still, making an excellent area for cleaning and sanitising your equipment.
PP
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