Get the Weber Smokey Joe. And you won't need a chimney to start things either, so you save that amount of space. Just pile up the kingsFORD, add fluid and light it off.
I also second the idea of using wet hickory or mesquite chips for flavor (just soak a handfull in a bowl for 15 minutes). I think that being able to put the lid on the grill to 'smoke' your food, even for a short time is a definite advantage to using a Smokey Joe over an open grill.
Then dump the used charcoal in the fire ring to use as a base for the evening camp fire.