Nice color scheme. I do have a few observations. I've always prefered to have the lighter colors on top and the darker ones on the bottom. This seems to provide better visibility. You might also reconsider having the black and white stripes on both the top and bottom. When the plane is in the air, the pattern will be a good clue about the orientation of the plane. For example, if the stripes are only on the bottom and you can't see them, you immediately know you are looking at the top of the wing.

Edit: you'll find many people saying Ultracote is easier to use than Monokote. Personally, I've used Monokote for a long time and haven't had problems with it.