I agree with everything Bo has said, it is all good advice.
When I first started using an air brush, only three years ago, I was hopeless at it, everything went wrong and I was just about ready to toss it in the bin along with the compressor. I decided to spend a lot of time just playing around with settings and paint/thinner mix. I use primarily Humbrol enamels so I workrd out I needed to add at least 50 - 60% thinners to the paint (I use lacquer thinners) and then set my pressure to 25psi, it worked perfectly. As Bo said, the speed at which you move across the work is critical as is the distance from the job, this takes quite a bit of practice. When spraying acrylics, I use Gunze, I thin this paint with lacquer thinners also, it only requires a tiny amount as the paint is already pretty thin, I use the same pressure setting.
Don't try to achieve a complete coverage in one pass. this will result in runs, sags, puddles. Several light coats is always the way to go, if using enamels I will do a light coat then wait a few minutes, then do it again, I keep repeating this until I get the desired coverage, same applies with acrylics except I don't have to wait very long between coats. Lots of practice will get the results you are looking for.
Hang in there, you will get the feel of it in no time, be prepared to waste a bit of paint and thinners while you sort things out and keep away from your model until you have it perfected. You will find in a very short time that you will be using your air brush more and more, they are a great tool.
Des.