I've only used Tressotar and Newbaum's. Newbaum's offers fourteen colors; ten of which my LBS carries. With multiple coats of clear and/or amber shellac you can achieve pretty much any color/shade desired.

Shellaced cloth tape is going to provide minimal padding, if any. That's not a reason I choose cloth tape.

Light blue Newbaum's with amber shellac produces a nice dark green.