It is epoxy paint, you have to mix the part a and part b, allow it to induce (20 to 40 minutes, depending on ambient temps), then you can thin with their reducer, or use a high quality lacquer thinner.
Nate, from Klass Kote has described and guidelines for using his paint.
He says:
1. Apply his primer, then after 4hours, can sand, clean up, then paint it.
HE wants us to paint it within 4 to 24 hours of applying the primer. HE states that you can achieve a chemical bond and also a mechanical bond, if done this way. After 24 hours, then it will only be a mechanical bond.
2. When applying paint, he recommends:
Film thickness should be built up by applying successive thin coats of paint and allowing about 20 minutes "flash off" time between coats.
3. After 4 hours, you can apply masking tape to the painted surface, if you then have to apply a different color.
4. You can use his clear as well. You can sand down the painted surface, then apply the clear. SO you must work fast if you want the chemical bond of all the layers!!!
You can use a brush, roller, airbrush, or HVLP gun to apply the paint. If you use an airbrush, you will have to significantly thin the paint.
hope I answered your question.
(and I am not an expert at this, but this is my 3rd airplane that I have painted with Klass Kote)
the cowl and canopy are painted, every thing else is monokote.
On this one, this is a 3W extra, and the fuselage is painted, only thing covered is the wings and stabs, everything else is Klass Kote paint.