1/2 way through reading your post in the back of my mind was water cooler, maybe a nice sprayed mist, or a large fan
.... so I'm glad that was in there! (I do run a large fan blowing into the fan on the compressor for added cooling).
I do try to learn and stop and smell the roses by the things that are around me, especially in today's age when it's a "what's next, I need more" type of attitude.
So when the air travels into the coalescer I would assume it's a lot like an expansion valve in an AC system? As it enters it cools and consolidates (not sure if that's the right word?) the moisture droplets and they fall out / get stuck together / trapped on the walls?
Edit: Also wanted to ask; I work in an office upstairs of the shop that is conditioned, would it be better to run the intake for the compressor into the office so it see's conditioned air? I've always planned on filling early / late when things are cooled off, but if conditioned / dry air would make a huge difference then I can do that. The compressor itself would still be on the shop floor though, it would just be the intake hose / solberg filter ran there.