With the right formula and atomizer out of a can, pretty good results. Fun to do and easy. Big fan of the Rustoleum 2X. Really pleased in its durability. Done for one of the girls, here's a before and after link with painting process. My own graphics without seeking correctness. All for fun and one to get the kids acclimated to vintage lightweights. Already been down once and hardly a scratch!
In brief: Removed all old decals, focus on surface corrosion areas. If it has a good substrate, I leave it on and only sand to a 220 grit for the paint to adhere. Sand out and level the chipped areas. No primer needed. Only 2 coats with this stuff! Sand with 320 after first coat. Let it sit for a few months. Then decals, detail work - top clearcoat.
before
http://www.bikeforums.net/17687865-post1921.html
after
http://www.bikeforums.net/17687886-post1922.html
refinishing
http://www.bikeforums.net/17689978-post1925.html
[IMG]
IMG_0430sma by
carrera247, on Flickr[/IMG]
[IMG]
1978 motobecane ocana tribute b by
carrera247, on Flickr[/IMG]
[IMG]
1978 motobecane ocana tribute a by
carrera247, on Flickr[/IMG]