Bick:
Regarding the HF compressor, I've had mine for over two years - it's had daily use for the last several months and works just fine; it doesn't get hot. And, importantly for me it doesn't 'walk' all over the shop while its running like my diaphragm compressor does. Interestingly, there are no pulsations at the airbrush even with out a tank. I use a 6 ft HF hose with mine. There is a reservoir (however small) of air in the combined compressor, moisture trap/regulator and hose. If I turn my compressor on, wait til it turns itself off, then turn the compressor OFF, then depress the trigger on my AB I get a flow of air (yes, at diminishing pressure) for 4-5 seconds before the 'reservoir' is empty. I haven't found the need for a tank even though I think a tank is a useful addition.
The main issue with Chinese made compressor is the inconsistence in qulaity control. It is not unlike the quality problem that Don Wheeler reported on the Neo for Iwata airbrush. To protect youself, it is better to get one with 2-years warranty instead of 90-days.
Judging from the posts at this forum, the percentage of people getting good Chinese made compressor has increased significantly. The chance is much better than, say, 2 years ago. It would be very helpful to other compressor shoppers if some of the users can try measuring the compressor head temperature after holding down the trigger on an airbrush for 30 minutes to force continuous running of the compressor. Then measure the same temperatuer at an normal airbrush session when the AB is off-on after an hour.