I did the DIY thing in a 55 for quite a while before going pressurized.
It can work, but it requires a lot of mixing. I had to use four 2-liter bottles to get 20ppm, and they had to be replaced every 3 weeks or so. If I had to do it over again, I'd rotate the bottles, replacing 1 per week. This keeps the gas fresh and keeps the flow of CO2 more stable.
It worked fine for a while, but it gets old having to replace that many bottles. And that was on just one tank. I had two more bottles going on a 40 gal. as well.
Len