The bucket is adequate for the job - just a couple of design features that are a bit of a niggle: The lid is recessed, so collects rainwater if stored outside; and the handle feels quite flimsy - I've not yet tested with a full load.
Odours are simple to control by adding more EM-bran if required.
Overall, it seems an easy method for reducing the volume of biodegradable waste in roadside waste collections, especially for those with only fortnightly collections. A good product for Councils to offer at reduced cost!