Thanks for much help guys.......
I Have just put bid on ebay for IWATA HP-CS
I'm very interested in the BADGER though, as you've all pointed out the IWATA is not much good for painting hulls etc.
cant find badger in AUS though but tower hobbies have it
http://www3.towerhobbies.com/cgi-bin/wti0001p?&I=LX8169I will hunt one down when i get to that part of the boat
I have assembled my own compressor with filter and adjustable pressure switch attached
It is using a 4x4 tyre pump capable of 1.36 CFM at 50 PSI continuous.
compressor was very expensive but I have to use it for something . 4x4 was sold in February.
it can still be used for tyres though just a matter of changing the outlet fittings :)