Just personal opinions:
Mr. Honda left the tank inside bare steel. You have a 30 year old tank with some mild rust? Cleaning off the rust down to clean steel should be good for another few decades. A coating is not really needed. Note that current gasoline with ethanol added will absorb some water and you shouldn't get pooled water causing bottom rusting any more.
Coatings can and do degrade even if perfectly applied - maybe new gasoline formulas are to blame, I don't know. Kreem in particular has a bad reputation for failing. You must be super careful following the instructions and the most difficult part is getting the tank inside absolutely dry without letting much flash rust form.
If you have really bad flakey rust on the bottom the "good" steel is probably very thin. If you have pinholes then it's definitely very thin! Such a tank should be coated.
You can get phosphoric acid at hardware stores, it's sold as concrete etching solution to be used before applying epoxy floor paint. I've used Behr on concrete and for rust removal. Phosphoric acid leaves a black surface that doesn't flash rust as easily as the shiny metal you get with some cleaners.
DO NOT have a petcock in the tank with any acid cleaner, the aluminum alloy will disappear faster than you would imagine. Get a rubber stopper! Phosphoric acid is hardly nice to paint but it doesn't eat it away quickly, pour the acid in carefully with a funnel then rinse the outside off with plain water to get rid of any drips or splashes and it will be fine. Rust is pretty much dissolved, there's some grit in the used acid but not much. It doesn't attack good steel very quickly, I've left rusty bolts in it for days and they just come out rustless and black. I think leaving the acid in overnight would be safe.
Phosphoric acid is relatively safe, it will eat your clothes if not rinsed out but it's not like movies where your flesh smokes and dissolves if you touch it. Rubber gloves and goggles are recommended and have a garden hose at hand to flush off any spills. You can pour the "finished" acid down a drain and then flush it through with lots of water without damaging your plumbing.
Coca-cola and most soft drinks get their sharp taste from phosphoric acid by the way. Check the ingredients
If I had a tank with pinholes or severe bottom rust I would use POR-15, I've heard about enough Kreem troubles. I scrapped a CB350 twin tank because the Kreem coating was rotten, if it was a rarer tank I would have attempted to save it somehow.