IMHO, I found that buying a stainless steel thermometer that you could attach to a mash tun isn't worth the money, time and effort since it only measures the temp in that one spot. In order to read accurately you need to circulate the wort. If you're going to lift the lid to circulate the wort you might as well use an inexpensive floating thermometer, or one of those thermapen digital ones.
Considering the time and effort I put into installing a fixed thermometer on my mash tun I could have used that time and energy to brew a couple batches instead.