If the camera uses a roller to track the length of film passing through, then the red window is unnecessary, and if it does not automatically stop after a 120's worth of shots, you luck out and can use 220 in the rig. But all my modern cameras are too 'convenient' to allow that and 'know' how many shots before disconnecting the shutter release and allowing free wind-on to the end!
As to loading 220 onto steel reels, it IS a bit trickier than 120 which is a bit trickier than 135/36 exp which is trickier than 24 exp. The trick not yet mentioned that helps the most is to *push* backwards on the film for each rotation of the wrap. This keeps the film strip from tightening up on the reel (which promotes binding/kinking)... this looseness helps the film stay lined up and straight on the reel. Longer and wider strips are just harder to manage than short.
Part of the difficulty with 220 reels is that the spirals are closer spaced with smaller-gage wire and this makes it harder to keep film lined up and not skipping and kinking. Still, once you have the technique down, and work carefully, loading 220 on the reels becomes routine. (FWIW I have a plastic reel made to hold a 72 exposure roll, back when Ilford briefly offered it, and that's a job to load!)
Also, not all reels and tanks are the same diameter. I've used Kindermann tanks for decades... but only a few years ago discovered a larger diameter variant. My original 18-oz tank that holds one 120 reel and two 135 reels is 8.5cm tall and 8.5cm in diameter. It needs 16-oz of fluid to fully cover the two 35mm reels. I also have a taller 8.5cm-diameter tank that holds two 120's or four 135's.
The larger variant is 11cm in diameter and still 8.5cm tall for one 120/220 reel holding 27-oz fluid and needs about 23-oz to fully cover the reel. A two-reel version is 15cm tall, taking about 44-oz fluid. The larger diameter reels for these tanks have heavier gage wire and the spirals are wound with more space between wraps, so they're easier to load.