Well guys thanks for the opinions. Seems the cause of this disaster was mostly my own fault but probably had some other factors:
1) Filled too full
2) Put it under the tarp while still warm so probably got really warm under there (and it was a fairly hot day already) so the gasoline expanded as it warmed
3) Leaking filler neck connection (compounded by possibly a clogged vent which would allow some pressure to build inside) ... and again because it was filled too full
4) Poor paint prep ... Since the red was painted directly over the black paint with no primer it was much more easily affected by the fuel.
So... mostly my own damn fault and partially a questionable paint job.
............
IW
I have got my tank overfilled several times. That happened back in the days during holiday going south thru Germany, Italy...
The gas stations beside Autobahn had personel filling the tank when I sat on it, usually filled up to the very top. It happened several times that the gasoline started to expand and flow all over the tank and down to the very hot engine when I parked the bike on side stand. Steam cloud of gasoline after the gas stop for having a smoke, coffee or food.
The bike did not turn into flames... strange. I was nervous when I switched on the ignition.
This was with my avatar tank that I painted. No water crap paint.
2k primer + 2k red + 2k clear. All of them withstand gasoline.
NO problem with gasoline or paint flaking off during the 7 years I used the bike or the following 20 years in barns.
I have ordered a compressor and sprayguns that soon will arrive to my garage.
My future paint job will have 2k paint all the way. I hope that the HONDA colors are available as 2k paint