Haven't yet tried it on a Stunt ship, but my little profile A-26 has a base consisting of three coats of Minwax Polycrylic (satin finish), sanded with 400 grit between coats. That was topped with rattle-can Rustoleum gray primer under Rustoleum's "American Accents" spray colors. (Panel lines & shading added later.) The Polycrylic did an excellent job of prepping the surfaces (mostly balsa, with 1/64" ply on the wing).
Two years and 140-plus laps later, it still looks good...despite a, shall we say, "less than 40-point" landing at its latest outing last October.
I also have a nice wooden flight box, built by master carpenter John Callentine, finished with three coats of Minwax Gloss Polycrylic that looks as good today as it did nearly five years ago.