We've built roughly 900 rain-barrel conversions out of used 275-gallon IBCs over the last two years, and we've learned a few things worth writing down.
First: the standard 2" NPT ball valve at the bottom is overkill for rainwater. A simple 3/4" brass spigot threaded into a bulkhead fitting works better for most garden applications, and costs less to replace when it eventually drips.
Second: top lids made of the original 6" fill cap are great. Full-top-cut lids held on with strap hinges are a disaster. They flex, they warp, they let bugs and leaves in. If you want a bigger opening, cut a smaller access hole and fit a screw-on cap.
Third: gravity feed beats pumps for almost every garden scenario. A 275-gallon tote on blocks 18" above the bed gives you ~0.7 psi at the outlet — plenty for drip irrigation and hand-watering. Adding a pump adds a failure mode.
Fourth: linking barrels with 2" pipe (gravity-linked, no pump) gives you a resilient array that fills evenly and drains from the lowest one. Just make sure the overflow is on the highest barrel and is plumbed somewhere the water can actually go.
Fifth: paint them any color except clear. UV degrades HDPE, and algae love clear bottles in a sunny garden.