Fair I would say the avg DIY guy probly shouldn't. Really depends on OPs welding abilities. And if they copy layout of original tank they can avoid some issues. Just don't weld fittings on welded seams and avoid the radius of the bulk head aswell pretty much everywhere else is fair game.I’ll repeat a quote from on of my welding instructors…”Don’t weld on pressure vessels unless you are qualified or brave.”
Also space fittings atleast 2" apart ideally.
Non commercial air tanks are not the best welded things to start with aslong as they pass hydro they are sent out the door. They are not 100% penetration welded and just lap welded bulkheads but so are propane tanks generally.
If you have are going to tackle making you own tank feel free to ask me questions I would say send me pictures of you welds/ what machine you plan on using before proceeding and I'll be able to figure out if you should or shouldn't lol.
I happen to be pipe welder and do industrial vessel repair. If I were closer I would offer to do the welding once all the fit up was done as a air compressor that size is less then 1 hr of welding and 4 ish hours of fitting with new fittings if your reclaiming fittings probly be a weekend project.