I have heard that it is hard to get the paint to stay on and that it is really important to have it bead blasted (any machine shop should be able to do this) or sand it really well. I am thinking of painting my exhaust this summer with this product
http://www.techlinecoatings.com/about.htmCan you let us know what you decide to do and how it turns out? Pics would be nice as well.
Thanks and good luck!