I like light knock down on ceilings. Do the ceilings and be careful of the walls. Have a damp sponge at hand if you say oops. We never cover walls in new work.
I don't worry about keeping the texture off of the walls but just scrape them [while the texture is still damp] and then sand the walls once dry. IMO that is quicker/easier than masking off the walls .... and invariably the masking will fall off somewhere just as you start to spray that area.
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