Yes the same thing, it's the same stuff thats on your Exploder at home.
I do not put a coat of clear over it though, I used to think it needed it, one day I didn't feel like mixing any up and it didn't make a difference so I never did clear coat them again. Since I'm not applying this paint to a 1:1 car I also save money by useing reg laquer thinner to thin the paint. The Usual mix ratio is 1 to 1 I reduce it much more since the paint covers so well.
And Jason please bare in mind I dont go to the automotive paint store and buy a pint when I need to spray a body, I have 2 large boxes filled with pints cans left over from all the side jobs I've done over the years and swiped from employers. I've ben fortunate to have spent very little on RC paint the last 10yrs.
I wouldn't recomend you buy a pint of paint unless you really like that particlar color, because a pint will yield a Qt and a half of sprayable material. Thats more than enough to shoot 15-20 bodys.
If you go this route find a habor Frieght and Tool and buy a miniture Gravity spray gun, this little cheapie is what I use:
http://www.harborfreight.com/adjusta...gun-92126.html