Yes
Effectiveness is what I am looking for - Good looking figs with a minimum of effort

- As they say on their website "Paint less - Play more"....
I use The Army Painter products.
http://www.thearmypainter.comAs you also mentioned. The method is quite messy and requires access to an outside area if you are using the dipping method.
I am at the moment exerimenting more with the brush on method, that can be applied inside (in a well ventilated area)
Here are some video tutorials
brush-on:
http://www.youtube.com/watch?v=iYfhmfFgi9Udipping:
http://www.youtube.com/watch?v=Hw1b56j_gSIIt is said that the same effect can be obtained by using different floor wax products (eg. "future floor wax" or "mini wax"), which are much cheaper than The Army Painter products. But I have not experimentede with any other as I am quite satisfied with the results of Army Painter
Heck! My lates project involve a warmaster Khorne deamon army - Base coated red, metal colors and spot colors are added and then they are dipped. And they look like a dream (nightmare!)

I'll post some pics soon.
regards
Thomas