I use the same techniques as above. I wouldn't really call what I do coats though. I've become accustomed to just using my old Paasche H single-action, siphon feed airbrush, so my way of painting is based on that. In my case, I would call my base coats passes, since I'm going back over the model from where I began right after I finish the first pass. The first pass is further away and faster, with each pass getting progressively closer until I have an even, glossy finish. After that cures for about 7 days (that is for using Model Master enamels) in my little dust-free chamber (an upside-down Gladware dish), then I do my version of a wet coat. I make a paint mixture using the base color and Model Master thinner...a mixture that is mostly thinner. I shoot that in quick, even, straight-line passes. When that cures, and I'm afraid to touch it because it still looks like fresh, wet paint, then I know I have a good result. Ultimately its going to come down to lots of experimentation and finding a technique that works best for you, but this is how I do mine. Its not just good for car bodies, but also for the dreaded job of painting the insides of jet intakes. It melts down the base coat that is grainy due to trying to paint the inside of a tube, and results in a smooth, glossy finish.
If you screw up and want to start over, there's always a bath in isopropyl alcohol that can take it back to being a clean slate. I've had to resort to that many times while trying out new techniques