OK, got the prop all drilled and painted... really turned out nice. I used an MSC 22x8 wooden prop, drilled out the holes and lightly sanded it. Then I designed the prop "scheme" in Photoshop and the vinyl logos in Illustrator.

I covered the front side of the prop with Artists Airbrush Frisket Film and drew my color scheme onto the film. Next I used a razor knife to cut away the mask for the black areas, and shot it with Krylon Fusion black. Once dry, I swapped mask areas to shoot the yellow and red areas with Ultracote paint. Once all was dry and mask removed, I applied the vinyl logo and prop size text, followed by a few good coats of Ultracote clear.

I then put it on a prop balancer and found one side to be a tiny bit heavy. So, about 3 or 4 more light coats of clear on the "light" half of the prop and it balanced right up perfect. I checked the weight before and after painting and the weight gain barely even registered. After drilling, painting, clear coats and balance, it still only weighs 4.75 ounces. My other unpainted MSC props weigh 4.8 ounces! Yes, they are already drilled, so the only difference is the paint.

Here's some pics of the prop on the V3D... just the right touch

Tom