dshanks said:
Can you please explain a tankless radiator, can it be as self explanitory as it sounds? Also, please explain the difference between a "catch can" or expansion tank and a surge/purge tank.
Again, I'll state you've bought the wrong widget for the wrong purpose. Corvettes in good running condition and in stock configuration DO NOT need any additional gadgets to work properly. Your car should not be puking coolant on the ground unless you're overfilling it or there's a mechanical defect that needs to be corrected.
Corvettes from 1973 onwards only had overflow tanks (catch cans). An overflow tank is usually a ugly plastic container, and is always located on the NON pressurised side of the cooling system. Corvettes with coolant tanks also had no expansion tanks, either external or internal.
Corvettes prior to 1973 had either internal or external expansion tanks (surge/purge tanks) depending on radiator type and construction but not both. The widget you bought is an external tank and is intended for tankless radiators. Your original radiator (and I assume your present radiator) had internal expansion tanks. These expansion tanks were are always located on the pressurised side of the cooling system and are meant to be left partially empty when cold. There is a mark to indicate the MAXIMUM cold fill level.
Corvettes with expansion tanks work by allowing the air in the tanks to become pressurised as the engine warms up and the coolant expands. Under normal circumstances, the air pressure never reaches the point where the cap reaches it's pressure rating and opens to allow the excess pressure to bleed off. If the system is overfilled or there's a malfunction, the blow off point may be reached during operation and all the air and/or some of the coolant gets 'puked'. The puking as you have seen ends up on the floor and is a sign that's somethings not right.
Corvettes with overflow tanks have no provision to allow air space on the pressurised side of the system. This means that at each cycle where the engine reaches full operating temperature, the radiator cap will blow off at it's rated pressure. The excess coolant (or air that's accidently gotten into the system) will flow into the overflow tank via a hose.
As the engine cools after operation, the partial vacuum in the system will cause the radiator cap to open again and this time suck the same fluid back into the radiator, minus the air.
What you're trying to do is either add yet another expansion tank onto the pressurised side of the system (if you use the tank for it's original design purpose) or to turn the tank into an overflow tank on a system that's not set up for it.
Hope this helps.