What is the method to developing the film with this drum? How much fluid do I fill it with? I assume you have to keep rolling it during the entire time? The gasket on the lid is a little deformed. Is it still possible to get replacements for it new?
I'd say that in post 5 you got all key information about this drum.
There has been some controversy about what sheet development way is the "best"...
Also last edition of The Film Development Cookbok has raised some controversy about "rotary vs other"
Rotary may raise "general stain" (fog) with certain pyro developers if some precautions not taken, like adding anti-oxydation additives, replacing developer in the mid of the development, decreasing roto speed, adding inert gas in the drum or simply using a pyro developer specially formulated ...
Also benefical edge effects are not there with continuous roto agitation... which is a least concern for LF becuase tipical enlargement ratio is lower than in (say) 35mm frames.
The rotary development allows easier "one shot" developer usage, as lower amounts are required than for tanks, but you may also use a paper safe (like a daylight tank) to perform tray development with minimal chem amounts.
Personally, I would use the tank you show for stand development, using very diluted developer to fill the tank, that it can be really great for certain situations, basicly those methods Steve Sherman teaches in his "EMA" workshops, perhaps not for every situation/photographer but IMO a nice technique to investigate to at least have some great fun, and of course a technique delivering unique results we may love.