I use Vallejo paints pretty much exclusively on my kits and while I've never had an issue with masking peeling the paint off I have had issues with it chipping easily and it wouldn't sand worth a darn. Wil have to jump on that bandwagon that it is likely that. However...
I discovered it doesn't harden properly at room temperature. I've taken to curing everything in a box at 112F. After a several hours in there it hardens nicely. The paint is much more durable and can be sanded afterwards.
My paint dryer is nothing more than a simple cardboard box with a 60W incandescent bulb in it.