Without reading that post above this, I install the 3/8 pickup and new 3/8 return line. I also add the vapor separator and return line at the fuel pump. You could use the old 5/16 line as a return line if you don't want to buy a new 1/4 line.
I have 2 used tanks at home that I'm cleaning out. Most places won't boil them out because there is an internal tank inside. To clean out the old varnish-gas inside, I'm going to buy a gallon of laquer thinner or mineral spirits and dump the whole gallon inside to wash it out. Once I get most of the stink out, I'm going to the quarter car was to hose the whole thing out. Once you take out the sender and filler tube, you cam see the entire insides to clean out. One of my tanks, left to dry in the heat, dried all of the brown goo to the point that it's all flaking off like corn flakes. I'm going to drop a small chain in there and shake it to scrub the bottom clean.
Be carefull when working with flammable liquids!