I do not think that Lusterkote is either acrylic, lacquer or polyurethane. It is my belief that it is CRAP!

Just my opinion....but I have found it to be the most unpredicatable and unforgiving spray paint that I have ever used, and I have used plenty. I realize that opinions on LK's quality is not what the original poster was asking, but hey, it is a 4 year old thread so I figure it is fair game.
Mike