I've been using lacquer thinner as my airbrush thinner of choice for all enamel paints--Floquil, Testors, Pactra, and our own Colourcoats--40 years now. I find I get faster drying times using it. HOWEVER, you have to be careful not to shoot wet coats when airbrushing onto plastic, as lacquer thinner is "hot" and will craze the plastic if laid on wet. Successive light coats laid on relatively dry are the answer.
A number of our customers use a 50/50 mix of paint thinner/lacquer thinner, giving improved drying times with a thinner that isn't quite so "hot."
I would think, however, that you'd want Model Master Airbrush Thinner for your Model Master paints (it works fine with our Colourcoats, too).
And if you want a clear coat that's tough as nails, try Ditzler automotive clear lacquer. You can get additives that allow you to achieve a finish from high gloss to dead flat.
Cheers,
John Snyder, White Ensign Models, http://WhiteEnsignModels.com