Compressor for paint? Help

I am considering buying a Craftman air compressor ( 150 psi, 1.6 HP, 33 gal.). I will use it for air tools but would also like to use it to spray paint on various parts ( not for full body paint).

My concerns are if I buy a DeVilbiss gravity feed paint gun that requires 13cfm @ 30 psi and the compressor is only 6.4 @ 40 psi can I still use it with fairly good results?
I would buy a regulator & filter to keep water out.

Does anyone have any advise for painting with this compressor or what type of results you have had?

Any help would be greatly appreciated.
Author: admin