I can second what the others have said. Get rid of the cooling fins. Running on compressed air, they will work in your favor, since they are a heat source to ambeint air temp.
Insulation on steam engines is called "lagging"
Also you may need some supeheating of the dry steam to combat heatloss, resulting in condensation in the working cylinder. I would enlarge the 1/4 in holes to at least 1/2 in. "if" this will not weaken the cylinder to much, im not sure about what your cyl diameter is or wall thickness.
Be wary of the exhaust steam, because it needs some form of containment, so you dont get burned or colapse a lung.
Steam commands respect, observe Barlow's formula,(google) on bursting pressures, and maintain a 4 to 1 safety factor, even if your using a flash coil monotube boiler use a safety valve, and duct the release pressure away from you.
Be carefull
JW
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