When I do armor I usually assemble almost everything, just leaving off the roadwheels,tracks, antennas,stowage,and figures,and airbrush they entire thing.If tools need painting,I slide a post it under or next to it as a mask and carefully paint by hand.
I don't really see it as a dilemma,just a process,which varies from cars,armor,ships and planes,I just plan ahead the best process in my head.