Mike,
I originally had one tied in made out of 15 feet of 3/8" copper, it worked very well for preheating the feedwater, however it was very noisy. I had it tied in very tight with steel heavy gauge fence wire, which it's really supposed to be copper wire. When the wire heats, it lengthens and the coil is then loose. I could hear every stroke of the feedpump in the old coil. And of course hammering like that it was just a matter of time until it beat hole in it.
So I made the plan last fall as I was getting some coils wound for an upcoming steamcar project, to have a pancake wound for the tug. Just weld it in the supports, it shouldn't shake anymore, but as I was piping it today, I did notice the similarity between it and a clock gong, we shall see. This coil is a lot larger than the old one. Steel transfers heat 10 times slower than copper. It may be an even swap, won't know until I try it.
I bypassed the feedwater heater in the exhaust manifold. I'm thinking the economizer should be ample. If I don't have the valves on the exhaust set just right, I get rain out the stack. That problem should be gone this year too. Didn't bother me, but the folks on the after deck seemed to not like it.

Especially with the oil mixed in.
I can say unequivocally, that the economizer is a must have. I'd never put another system together without one. It's essentially like coupling a small monotube boiler to a VFT.
Two things on the economizer, it is wise to have valving so it can be bypassed if it fails, and in that piping make sure and install a small relief valve.
Den, Thanks, I enjoy sharing the project, it keeps me moving on it as well.
It's been a lot of work, often times when I didn't feel like it, but I can see light at the end of the tunnel now. I'm thinking by the end of June, I will be finished with the major work, then it's trinket time.
-Ron