Although its not quite the same thing, I have used a similar method for smoothing paint on the insides of jet intakes. Whatever paint I used, I shoot some of the thinner I had used with that paint and it does smooth it out.
In the past, I have also done something very close to that with Model Master enamels, using mostly enamel thinner, with just a little bit of the paint mixed in as a final coat. Gave me such a good gloss, I was afraid to touch the model because it had a perpetual "wet" look to it...even though it was fully cured.