Now you are done and it is looking bitchin and you are feelin groovy. When do you wet/sand?
SIXTY DAYS at least. That is not a typo. Use the search button at ReRanch on this if you don’t believe me. That nitro has to be completely dry.
I haven't read the whole thing here (probably won't - sorry, but I spend too much time doing this to want to read about it in my free time), but this stuck out at me. First, nitro is never completely dry. It will keep off-gassing for DECADES. Less and less as each year goes by, to be sure, but it will never stop completely, short of being set on fire and burned up. Second, you don't need sixty days. I prefer to wait about three weeks, but two is probably enough.
One thing you don't appear to have gone into (and which Reranch gets completely wrong) is raw wood sanding. This is, quite simply, the absolutely most important part of the process. Get it right, and spraying a finish is easy. Get it wrong, and you're all but screwed. Take your time, start no higher than 100 grit (lower if you need it, though if you are using a body someone else made you can probably just go 150 and 220, maybe even just 220), make sure the surface is perfect before you move on, wet the wood to raise the grain between passes, and DO NOT sand past 220 grit on raw wood - you'd actually be OK stopping at 150-180. Sanding past 220 can cause finish adhesion problems (this according to the companies who make the finish, including Seagrave who make the lacquer Reranch repackages). I'm constantly seeing people suggest sanding raw wood up to like 2,000 grit, but there is no point to it - the wood fibers are bigger than a 2,000 grit paper (a P2000 sandpaper grit is about 0.00047"), so you are just burnishing the wood, which is what can lead to adhesion problems.
The biggest problem with Reranch's recommendations, though, is their suggestion to spray many dry coats of lacquer. You will never get lacquer to flow out correctly with out spraying wet coats. Now, this means you have to be very careful not to spray too much lacquer (which will cause runs and sags), but it really is required to get a really great finish. I actually spray two wet coats at once - though they are barely wet - as it causes the lacquer to flow out much better, filling little defects in the surface much easier, faster, and in the end allows me to spray a thinner final film. This is, however, pretty difficult to do if you aren't very familiar with spraying lacquer, and would be impossible with a rattle can, since their spray pattern is never very even.
(Reranch does make a nice product, though, and we do use their stuff for color quite often, but man I hate rattle cans!)
Gabriel