The Paasche 2000H is an external mix, siphon feed airbrush. The 30 psi air pressure is a good starting point. However, it also depend on the accuracy of your compressor pressure setting. If you get a misty spray and the paint looks smooth and even when it dries, you are doing well. If the compressor pressure is lower than what you think it is, you may get splatter or uneven spray. Aaron Skinner has a good basic airbrushing article in the latest FSM.
The 50-50 thinning ratio is a good starting point too. It is a compromise on how fast (how many repeated passes) you need to get a solid color vs. the final surface finish. Try thinner paint if you feel the dried paint is too rough.
Good luck and enjoy your new tool.