Yup .. I've used it. I painted the light hood on my ball cage with it. Cats howled .. dogs yipped .. birds fell from the sky.
Okay .. maybe it wasn't that bad.
It works okay except ... I left it to cure for about two weeks and it still smelled so bad I couldn't stand it in the house. I finally coated it with Minwax water based Polycrylic, let it sit for three days and everything was cool.
As with most oil based paint, it offgasses like crazy for the first while (probably a month or so) and then the gassing diminishes gradually over a couple of years.
Basicly, it works okay as long as you seal it.