Sorry I didn't give more information; this was supplying some outdoor landscape lighting. My main concern was what Randy said, having it rust out and become a danger/eyesore. The pizza was pretty good at least!
I was just poking fun at the nice bends..... Water accumalation is definetly a concern. It should have a 1/4" air gap being in a wet location, although the code only specifies indoor locations. This would be a "common sense" proposal for the next code cycle.