Sounds like a good plan, basically what I do but if it was me I'd skip your #4, the sanding sealer step. I'll spare the lengthy details but I would
definitely skip the Rustoleum too. I can almost guarantee the day would come when you would regret using it on this plane. I used to use a
lot of various rattle can stuff in the past, including Rustoleum, but I finally "grew a pair" and switched to spraying Brodak dope a couple years ago. I wish I would have made the move many years earlier, it's
waaaay better.
I'd stick with your first three steps but then after all your silkspan is on go right to more clear. After my silkspan is on the solid areas I just give things another 3 or 4 coats of 50/50 clear, sanding a bit with some worn 180 or 220 in between coats. If necessary, touch up a few little areas with that same routine if you need to until satisfied. Pay extra attention to where any loose edges on the silkspan might be a problem, bury them in clear and sand them smooth. Repeat as needed.
On the open bay areas I use Polyspan and usually end up with 7 or 8 coats of the 50/50 on it before I'm satisfied. I just spot sand any lint or dust specs and stuff like that out in between coats. Give everything a nice final sanding with 400 and your ready to start spraying your color.
The plane looks really nice so far, don't get in a hurry, this one deserves a nice dope job.
Did I say skip the Rustoleum?