Homestead is great.

If you are going with a conversion gun, make sure that you have enough CFM from your compressor.

I spray every once in a while, because I only spary waterborne, so I went with a conversion gun. I use the PC PSH 1 (or 3, I have them both and use the larger one). I lose more on overspray, but I bought it on special from Amazon a few years back for next to nothing. I also have a few tips for different viscosity. I also have a HF gun I use for shellac - and I don't clean it. A little alcohol in the gun before I use it cleans it up enough for the next round.

If I had the money, I would get a nice fancy HVLP set up. For the weekend warrior though, the conversion gun and a decent compressor will do what you need IMHO. I will need to waste a LOT of material before I would earn a payback, and I just don't have the volume. My big spray jobs are kitchen cabinets, and the cost of materials is not absurd.

I do, however, spray outside, or in the winter inside my garage going outside.

Just my .02.