I have one. Same as brandob9, I hang mine on the cross bars. It's bomber and an awesome cooler. I have the old Galaxy cooler as well, but as I understand Canyon cooler is the same thing as Galaxy.
Older Yetis are 1" lid, Canyon is 2". Yeti has legs on the bottom = no dragging, Canyon has sliding rails to drag on asphalt/dirt. Yeti has rubber latches which break down with UV exposure, Canyon has metal dry box latches. For Yeti you need a drop bag or straps to hang, Canyon hangs on its sides. The older Yetis weren't air tight due to the gaskets, Canyon is. I believe Yeti has fixed the problem with the 2010+ models. Might want to check on it. Price is about the same, when I bought mine, Canyon was 30 bucks cheaper (new).