These questions show up often.
A fan may be able to move X amounts of air (cfm) if vented directly out a window or other opening. But most exhaust fans need to be ducted to the outdoors. Most exhaust fans needed for our uses are ducted through a 4" diameter pipe. A 4" outlet can only allow less than 40 cfm through it.
No two ways about it.....4" is 4".....moving air/exhaust has a physical presence.....you can only fit so much air into so much space.
It requires a 6" diameter pipe/hose to move 100 cfm.....8" will move just over 200 cfm.
I have learned much here from others about fumes....the dangers etc. But I must go with the 'smell test'.....if it doesn't bother me, I'm happy. Smart? Probably not. But without an economic bailout, I couldn't possibly afford to evacuate all the paintbooth air that is bad for me.
Not on .....just giving the facts of moving air.
I would be more concerned with paintbooth lighting and room to work. I vent my huge booth with 4" pipe ducting and unless my head is in the booth......there are no detectable odors or particulates in the air.
HTH
Late Edit: I DO wear a filter mask while painting.....choose your own type, but the are a good idea!