I built a side inlet in a drum and it works great--I really like it! However, there is one disadvantage I found with this design: If you are using a tool that creates a lot of dust (i.e., planer) where you fill the drum quickly, you do have to stop, go outside, and empty it before you can continue (because the inlet is part of the drum). The advantage of a top-hat design or unit that sits in the drum, is that you could have multiple empty drums standing by for use. Of course, you still have to stop to change out the drums, but you could wait until several drums were full before you need to go outside and empty them (e.g., say it's cold and snowing outside). So, depending on your shop layout, use, and dust generation, this may or may not be a consideration. Personally, I don't plane that often and don't really have room to store extra drums anyway!
https://youtu.be/JU0kFIw5Ye8
https://youtu.be/JU0kFIw5Ye8