The price is good, for sure. I think you could make it work. O is very easily crinkled, kinked and dented. It is typically used to form a part or piece then tempered in an oven (heat treating). I'm sure it would be better than .020 3003 that was originally used in the 70s.
I prefer to use .025 6061 T6 for belly pans.
Work is never done, so take time to play!