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You're right about the 5%. I'm not sure where I got the 3:1 from, but it did work for me. 3 parts paint that is!
I do have a question for you though, why the SG black then the clear? Their high gloss black is very glossy, durable and is only a one-part, compared to the 2-part crystal clear paint. I painted a lot of miscellaneous parts on my car with both the SG and full gloss.