Lacquer thinners, to my knowledge, are pretty much the same across the board. Testors might be a little "hotter", but you shouldn't have any trouble regardless of the thinner you choose. Since this is a clear lacquer, pigments aren't going to get in the way, so a 1:1 might be a little too thin. Try a couple different ratios 'til you find what works for you.
Just as a side note, for decaling, I've been using Testors clear out of the spray can. I spray some into a plastic cup, and then use a brush to apply to the area where the decal is going to go. No muss, no fuss.
Gip Winecoff