I've sprayed Latex with an HLVP gun and it worked really well. Here is the write up I did on my website
http://www.houstonhobbies.com/tips/p...latex-hvlp.htm
The link is also mentioned in the write up link above, but here are some pictures incase you miss the link.
http://www.houstonhobbies.com/tips/p...nt-session.htm
JR