That's what I built mine out of. We have been every other row now for 4 years and don't seem to see any differences. It is cheaper to setup!
Are you no-tilling? That will make a difference in the requirements for coulters...
Are you on fairly level land?
I am not and built a hydraulic adjustable tongue on the rear of the bar so I can "steer" the wagon "up hill' on a side hill.
Good luck.