I actually had some oil based paint made to match a section of a Japanese Rufe that I was given by my dad. Really different color than usual. Took it to my guys and they used the computer to match the relic and mix me up the paint. I had to thin it considerably, and then some, to get it to work in the airbrush. But, as Bo has said, acrylics and latex are a different kettle of fish. It's a neat thought but it may just be a lot easier in the long run to buy dedicated hobby paint.
Cheers from NYC,
Michael
PS To those of you interested in Japanese aircraft colors, the relic was examined by the folks at the Smithsonian and declared legit, just rare. Can't remember what they cataloged it as. It was one of the Rufes sunk at Florida Island the day we attacked Guadalcanal. My dad's PBY squadron went in there right afterward and he got the relic of the wreck within a couple of weeks of it being submerged. Been safely stored ever since. If you have questions PM me...I don't want to hijack Jim's thread here. (This means YOU Warren.)