Google around for the $70 dollar rustoleum paint job tut. There's two really good ones I found, one features a 64-ish Mustang, painted red, the other is a Corvair painted white with blue stripes.

This was painted with a roller and rustoleum paint. It's a lot of labor, but the results are better then most stock paint jobs and have been proven to last pretty long too.
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1990 Pontiac Firebird
3.1L V6, 4 speed auto, 270,000 miles and T-Tops!
Just finished getting it back on the road and in my hands for the 1st time.