Four coats of primer/filler and two coats of base colour went on without any problems.
The third base coat however was another matter entirely. (I haven't included actual photos of the base coats at this point, but take my word, they were fine.)
As the image shows, there is something in one of the original layers of paint that is reacting with the acrylic paint. No idea why it only started after 6 successful coats of primer and base!
Initially I cleaned all of my spray equipment from top to bottom in case I had a contaminant in the base paint mix. I then cut back a section of the crinkled paint and cleaned the surface with the wax and grease remover again. I then hit that section with a coat of primer/filler. It immediately started to 'bloom' around the edge, where the offending layer of original paint is visible.
I realize that I am going to have to strip all paint off, back to bare and start again.
