Here's what I used:
Duplicolor Metalcast (2 cans used)
4 medium coats (45-1 hr in between)
light wetsand (2000 grit)
1 medium/light coat
Do not be alarmed when your lights look like this after the red coats...
Rustoleum 2x Clear (2 cans used)
4 medium coats (45-1 hr in between)
light wetsand 2000 grit and polish/buff
1 medium coat
light wetsand (2000 grit) and machine polish w/ abrasive polish
After the final coat of Clear:
I'm pretty happy with the final result - still a little bit of orange peel in the paint/clear which you really can't see unless you look at the lens surface from the side, and may end up doing a few more coats of clear at a later time, followed by some more and heavier wetsanding, but overall I think they look good, but most importantly, better than stock.
reflection in the tail lights are just clouds: