A more expensive alternative is to use Frisket Film—a little easier to control than the wet mask, IMHO. But don't neglect the wet paper method, even on fully cured paint. Because the paper in paper towels (the non-fancy types that Hans recommends) will readily dry in a shape conforming to a curved surface and contain no adhesive, they can be better than any other mask. Dry them with a hair dryer or just a fan blowing over them.
And whatever you do, don't leave masks on longer than you have to, regardless of paint system.