yep...has to fit the place you want to put it and make it convenient enough to utilize. I'm putting mine inside my middle bench seat, so only could go so big with it...I think mine will end up around 22 gallons, but a couple less because it won't have a full head of water.
Also depends on the what you fish for. Me? walleye and panfish so mine is big enough, but if your after cats or Muskie or Pike, then you have to design that into it.