Perfect. I only ever paint with Tamiya paints. What I would suggest is to start with painting everything Flat Black. Let it set up and then move on to something like a Flat RedBrown or a Nato Brown. You don't need to completely cover the black, but I would mostly cover it. Thin your paints down so you can see the change happen at a rate you can detect. =] Sometimes I will even take a little Flat Yellow with some Flat RedBrown and mix it...not thoroughly...just a couple of swirls (keeping more yellow), thin it down, and drop a few tactfully placed swipes to show some variation in the rusting. Depending on the fuel used, with leaded fuels you could thin out some Light Grey with some Flat White and thinly drag your brush along the exiting edge of exhaust.
That works for me pretty well. =]