I got nothin' on water based finishes. I know they are the future, but I figure that as long as I have to wear all the gear and take all the precautions I do when applying finishes, I will go with my favorites which are all solvent based..
I have almost no experience with water based finishes. I didn't like the look of the finishes, the cleanup, or the inability (on my part anyway) to fine tune to the exact spray characteristics of my guns. The experiences I had were not good, so went to other solvent based products to find a solution rather than pursuing a water based product.
I know that many professionals use the MLC brands water borne products (like BARRY when he is here), and others I have been in contact love the ML Cambell (sp?) brands. They swear by them.
At this time, not my cup of tea.
Robert