I used the Krylon Fusion paint...the only problem I had (which would probably happen with any kind of paint) is that when I load my boat in a hurry it can lean slightly to one side (just realized my rollers are not even spaced which is causing this but havent fixed it yet) with the boat slightly listing water collects in the rear bottom corner of one rod box and sits there for quite a while...peeled the paint off that corner in no time. Other than that it seems to be holding up real well.
you can see what I am talking about in this pic...
