I spoke to Nate, at Klass kote and he told me the paint is 100% nitro proof and also it is same weight as any other paint when it is dry. He also told me that the finish is as good as the urethanes and need not use a clear after base but use "Gloss Catalyst #405" to get glassy finsih.
Dave Platt did an exclusive video for the klasskote paint it seems. U&U Understanding & Using Epoxy Paints 'The Klass-Kote Video'

http://www.daveplattmodels.com/Videos/index.htm

Srikar