It should be noted that curing is a totally different process from drying. After spraying, the paint first dries as the carrier solvents evaporate, then the remaining dried layer cures as tiem goes on. Even two-part auto paints need time to cure, this is why, when you buy a brand new car or have one repainted, they often tell you to wait a month before waxing. Catalyzed paints cure as a result of chemical interactions between the catylist and the paint. Spray paint cures via exposure to oxygen.
You can lay down many coats of catalyzed paint, and it will all harden (cure) properly. The main problem is outgassing from lower layers during the drying phase messes up the upper layers. If you heap on too much spraypaint, it will not dry well and the lower layers won't cure.
Wikipedia has a nice article on paint that talks about this:
http://en.wikipedia.org/wiki/PaintI guess I should also say that in Real Life, I'm an IT manager and systems developer. That said, I've been a shade-tree mechanic since I could hold a wrench, thanks to my dad who was a bit of a renaissance man (although he doesn't realize it and wouldn't agree if you told him he was). The info I have is what I've learned over the years and also from internet research. I'm by no means a professional and it's entirely possible I'm talking out of my ass, so take that for what you will
Bottom line, if you're on a budget, use whatever inexpensive, heat-resistant paint seems cool to you, and know that you'll be touching it up should you ever spill fuel or solvent on it. If you have a few extra bucks, spring for two-part spraycans. For a Real Paint Job, use a compressor setup and a good quality two-part paint.
BTW I think I would be remiss if I didn't mention
POR-15 here. I've never used the stuff but I hear good things about it here and elsewhere. Like the paint Geeto mentions, POR-15 is a brush-on self-leveling paint. Should be good for engine cases and bodywork but I wonder how well it would go onto cooling fins on the head and cylinder. They also sell some nice "painting kits" there with cleaners, brushes, masks, etc included.
Has anyone here ever test Spraymax for heat resistance?
cheers
mystic_1