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In short, no. The wall thickness is specified to take into consideration point loads that would crush a thinner wall. Also, a thin wall will buckle at a lower compression load when a point load is applied.So question is will Schedule 10 pipe in 6061 T6 with 6.625"/168.3 OD, .134"/3.4 mm wall be adequately strong instead of 6"/152 mm, 4- 5 mm wall of unspecified alloy?
No, that is not entirely correct. The buckling resistance, for the same material and for the same length of the column, depends not only on the thickness of the section but also on its polar moment of inertia.Also, a thin wall will buckle at a lower compression load when a point load is applied.