I finally gave it a shot... I used some left over appliance paint and it came out great... Smooth and shiny with the first cote... I'll slap some detail and stripes to it as soon as the paint cures !!!!

http://i48.photobucket.com/albums/f204/Diecastfun/Mustangrepaint3.jpg
http://i48.photobucket.com/albums/f204/Diecastfun/Mustangrepaint2.jpg
http://i48.photobucket.com/albums/f204/Diecastfun/Mustangrepaint1.jpg

wow, that did come out perfect! was that done with a rattle can or an airbrush? can you post the brand of spray you used?

Came out nice and smooth. Would look great with a pair of blue stripes, IMO.

Looks good in white. Nice job. Cant wait to see the finished product.

Wow, that does look great! i have one stripped and ready to go but have not shot any paint as of yet. I think I will waite till yours is done and get a little inspiration for your build, cause that thing truly looks hot! I can't wait to see how you detail it.