I have a Fuji Mini-Mite that I use with water based
paints. I like it; it has much less bounce-back that
results in less overspray and less paint waste.
I would strongly recommend you get a 3-stage though.
The smaller ones don't have enough pressure to do
So far I've sprayed AutoAir WB and a few industrial
and marine WB clearcoats with the Fuji, and it gave
great results. The most critical thing to watch out for
is the paint reduction. The turbines spray a fine mist
at low pressure and if the paint consistency is correct
it'll flow out like glass with no orange peel.
Another thing is the hotter air temperature that they
put out. You can temper that by coiling the air hose
in a bucket of water, if necessary.