Sorry, Dennis, but that just won't work. It's Asian take-out or nuthin!
Actually, I spent a lot of time thinking about this, and auditioned a couple different candidates. The first container I tried was a hard plastic iced tea pitcher that I picked up at a second-hand store. It was too hard and and brittle and was difficult to cut to height and for the dust hose. I considered a milk jug, but it was too flimsy. These take-out tubs from the Thai place down the street are great, nearly Rubbermaid quality, and my wife saves them for left-over containers and freezer jam. I'm sure your container would work fine, but it needs to be fairly rigid so that it doesn't contort or split when you attach the hose.
-Ruining perfectly good wood, one day at a time.