For a first cannon, using what is at hand, and resources available, for use as a noise maker it's GREAT!
My first mortar, in the old somewhat larger beer-can caliber looked so good when I finished the lathe work (using a 3/4" bit to drill it and bore it) I took it to the plating factory and had it bright chrome plated. Not histerically accurate, but we've launched many a can and celebrated many occasions - starting with the first round I fired from it on JULY 4th, 1975 (200th anniversary of the First Shot Heard 'round the World - about 12 miles down the road from that famous bridge between Lexignton and Concord.
My only question for the FIRST one is "Is it safe?"
I think the safety issue (for a sound maker) has been addressed.
Build it up, keep safe, have FUN.
THEN build more ....