Sure, Train, I agree. Heck, even stubbing down with RMC is an improvement. The "code" problem arises when you try to buy SS, Brass, or whatever conduit- as far as I know, no "listed" product exists. I've done it, but you can't rely on the inspector exercising judgement.
Of course- there's always plastic pipe! And, with corrosion being an issue, maybe a ground wire isn't a bad idea either.