Hello. I know this post is fairly old but I just thought I'd chip in as I'm a Process Tech. at a Biofuel plant. It's entirely possible to run any engine on an alcohol fuel, especially an ethanol blend like E10. We run 2 2.4Mw gas engines on Biogas (bear with me, I'm getting there). Although Biogas and Ethanol are different, the chemistry that goes on is essentially the same.
Shorter chain hydro-carbon's will burn hotter, especially ethanol which has the addition of inherent oxygen to the fuel, therefore, you're better off running it richer. You're unlikely to get too much engine coking because ethanol's inherent oxygen helps to counteract the additional carbon.
You can also run the engine at a higher compression due to the higher octane (RON) of ethanol. You can work out the octane number of E10 by taking the pump gas at 89 (for instance) x9+ 108.6 (RON of ethanol) and dividing by 10 = 90.96 RON for E10. Seems like a good deal? It's not really, ethanol is about 2/3 the energy density of gas, so increases richness will also help prevent lean burn and piston/cylinder damage.
So, back to the question at hand. Any alcohol will eat natural rubber. We used Viton rubber seals in everything, as this is the only thing resistant to the chemistry going on inside your engine. So if your bladder's anything but Viton it'll perish (it's a shame it's not very abrasion resistant but that's a different story).
Ethanol is also a solvent so it'll start to eat any sludgy horrible stuff in your engine, which will quickly be flushed around and cause pump failures. You'll have to change your fuel filter's more regularly and it might be worth fitting a few more inline filter's if you can get them.
As has been said, you might be better off making a stainless tank (316, not 304, the added chromium and molybdenum helps prevent the solvent wearing the sacrificial outer layer) and adding a drain plug in a sump at the bottom. Ethanol does absorb water, so shouldn't be stored for any length of time, especially where oxygen and moisture can get to it. It also produces it's own moisture as it breaks down... more quickly than gas.
All this said, at E10, it really shouldn't be a huge problem as you're not dealing with a huge concentration and it does have a number of benefit's with the decreased likelihood of engine knock, not that you should get any, I think the CVRT engine was designed by Rolls Royce? to run off some extremely poor quality Russian gasoline.
We've run generating engine's off methanol, ethanol, SVO, glycerol, biodiesel, biogas and various mixes of them.. Just be thankful you don't have to deal with hydrogen sulphide (H2S+(2)O2= H2S04.. in otherwords.. Sulphuric Acid)
Hope all this helps, and if it doesn't I hope it's helped to kill 5 minute's of potential boredom