could I use a nylon t fitting from the peanut tank to the engine and bypass the original tank completely?
You can put a nipple on the fuel cap(enlarge the vent hole) of the built in tank, and hook a line from the peanut tank into it. It will then use the fuel in the peanut tank first, and then use the original tank's fuel when the peanut tank empties. Another way would be to seal the vent hole of the engine mount tank, and a T fitting into the fuel line.