I fought with the same issue trying to get a halfway decent finish out of Krylon All Surface for a cheap guitar I was working on. It either orange peeled when it was coated lightly or fisheyed when coated heavy enough to smooth out. Modern spray paint just isn't that great. I found a 20 year old can of some cheap junk from Wal-mart on my basement shelf and figured I'd give that a try for giggles. It was the smoothest finish I've ever gotten out of a spray paint. My paint rep for P&L (krylon is part of the same company, sherwin) tells me that at some point the government forced the removal of a few key components in spray paints and it hasn't ever worked as well since.