JP, Rod and Bob, you guys have made some valid reasons why I should go with one over the other. One thing I did not disclose was concern for the added weight but that is something I was willing to accept. I guess for the added 30-50 lbs sacrifice, it is negligable in terms of the benefits an SFC would add to the car's performance. While I want to keep weight gain to a minimum, I don't plan on putting a heavy ass subwoofer box in the trunk either. A-p yes but Not a sub box.
Cost is the other reason why I wanted to tackle this myself. As every metal fabricator has had a first project under their belt at one time or another....this is mine....sort of. There are plenty of steel distributors competing in my area so my cost will be low and because I don't have a garage full of specialty cutting equipment, this project will be assembled using simple tools like my sawzall, drill press and mig welder. I don't have any budget right now for new tools.
JP, you mentioned round tube has better stiffness and torsional rigidity. I might be swayed to go this route and use mild steel instead as Rod mentioned which would be easier to work with than chromoly steel of equal diameter.
Nevertheless, round tube would have a better resistance to lateral torsional buckling. Even then, the majority of the forces that stress the SFC is the tension and compression excerted between the crossmember and the unibody chassis.
-Ren