Regarding the coffee plunger idea. Been contemplating this over recent weeks too. For what its worth here's what I've thought about so far...
Use a stainless steel Big W 19L pot (cost about $20, less on special) for the outer pot. For the inner pot (viz malt pipe, but here its a malt pot) use its little sister (the next pot size down, I forget the literage, costs about $12 or so). This smaller pot fits exactly inside the 19L pot, but you might have to crush in the tubular handles a little to make fit with a room to move freely (suggest using a woodworker's clamp and two pieces of wood to do this so as to make a neat job of compressing the handles. Don't savage the handles with vise grips like I did - made an ugly mess of it)
The handles on the inner malt pot ensure it centres nicely within the 19L outer pot. To elevate it above the bottom of the outer pot, make a rack by bending a length of stainless, brass of aluminium rod or wire into a three-legged stand The same sort of thing that comes with some kitchen pressure cookers to keep the meat basket above the base. (simple cheap device and three points is more inherantly stable than a four-legged cake rack).
Need to fabricate the equivalent of two coffee plunger-type filters discs (Not there yet - any ideas? - thick plastic chopping board with hols cut to mimic real coffee plunger design came to mind, but not sure if food safe). The malt grain would sit between these two discs inside the inner pot.
Instead of a metal plunger rod screwing into middle of the filter disc, as in a coffee plunger, my thinking is to bore a 7/8 inch hole there to take a length of 1/2 inch (internal diameter) brass pipe threaded on the outside (seen these at Bunnings for about $15(?)- looked like about 8 inches long which should be OK). The brass pipe would go through the centre of the two fabricated filter discs sitting inside the inner malt pot - one disc near the bottom and the other higher up with the grain bill inbetween. The filter mesh and the brass pipe would be fastened together with nuts (and washers) engaging the threaded outer surface of the 1/2 inch brass pipe.
My cheap little brown 12V pump (the highest power one (ha!) - about $25 from the www.solarproject.co.uk) would pump wort from a ball valve at the bottom of the 19L outer pot to the top of the brass pipe. The wort would flow down into the small chamber created at the bottom of the inner pot - ie. the space between the bottom of the inner pot and the bottom of the lower filter disc. The wort would flow up through the lower filter disc, up through the grain, through the upper filter disc, and overflow in ever increasing sugary sweetness into the outer pot, and recirculate etc. etc
If in the early stages of mashing flour and grit tended to block up the lower filter and prevent the little brown pump from forcing the wort through, I'd grab hold of the top of the brass pipe and plunge the two filters it up and down a few times (like a coffee plunger!) to get things going. I'd also do this if at any time the flow through the mash looked like chanelling, or just to mix things up a bit.
Anyway, my 2c. Sorry no pics of a sketch (at work at mo). Hope all that made sense.