Welcome to the forum HBK
I think that will all work out fine in your climate especially during the summer months. Personally, I just add a bit of heat a few times during the mash rather than using insulation however, I do use my lid. If I was in a very cold climate I'd probably consider insulation but I don't think you need to.
Those handle holes might work out to have some advantage as well. For example, you could use one of the holes to poke a thermometer probe through or, during chilling, ruin your inlet and outlet hoses through there or, after chilling, use one of the holes to syphon from.
Anyway, maybe just cut some tin/cardboard to block up the holes though during the mash as most of the heat you'll lose will be through there.
As for the 9" grinder, that is pretty massive. I'd be worried about that. You want that hole you cut to be as large as possible so I'd be looking for your 4" grinder. Do you have a 4" grinder as I don't think you can use 4" blades on a 9" grinder???
As for the two ring burner, I think this will certainly do a normal size batch of say 19-23 litres into the fermentor. I have a three- ring and it does double that easily. You might need and adjustable regulator though and you might need to clean the holes of such a burner with a drill bit after one or two brews. I had to do that with mine and have never had to do it again since. Go figure?
Nice score on the lid too

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PP
PS. Your image is showing up fine however, when you are posting, you can also 'Upload an attachment'. This function will be at the bottom of where you write your text for a post unless you are using Quick Reply. If you use that, just make sure your pic is not ginormous

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