Actually, it's rarely used in paint, and if it is, it would be as a dryer. Methanol is, however, a basic ingredient used to cut shellac to proper weight for application. Shellac is not paint, though.
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Yes, methyl hydrate, also known as methanol or wood alcohol, can be used to thin latex paints, but it's not the most recommended option. It's important to note that using solvents other than water can affect the paint's properties and finish. For best results, it's advisable to use water or a paint-specific thinner designed for latex paints. Always check the paint manufacturer's guidelines before adding any solvents.
simply NO it would ruin the paints.
Use only the paints from hobby shops. Humbrol, Pactra and Testors.
no
Ordinary oil paint.