Brewers use conical tanks with a valve on the bottom specifically to separate sludge (cake of dormant and dead yeast, what brewers in the german tradition call "trub"). With a quality full-flow ball valve i don't see what the liability would be, short of curious children working the valve, and i could just install a cap on the outlet and take off the handle. Millions of homebrewers use cheap polyethylene conical tanks. The tank fitting itself is quite sturdy on these, most of them having been intended for storage of water-based fluids in an agricultural setting. They're designed for rough use. And it's pretty easy to get steel or brass threads to seal against HDPE. Basically you're saying you don't trust the quality of the main selling point of the tank. The evidence appears to be that tank manufacturers thought of the issues you thought of too.