I had to do this on my Ms. Pacman as I did not take the advice to prime first. I used exactly that, rustolium Satin black. I sanded it then used the rustolium grey primer, sanded, primer, sanded, then did the satin black again. It looked great and so far I have seen no issues.
I stuck with the same brand through the whole thing. I don't think that it mattered as long as it was oil, but did not know for sure. So, they also got my business when I started my MAME cab.