Yeah I hear you about the factory lack of concern. It was apparent in the lack of coverage on many parts of the block.
That being said I do have the engine assembled as I wanted to duplicate the factory finish as much as possible. I did leave the intake and spark plug covers off so I could get maximum coverage of the valley cover, engine block and valve covers.

I'll just hang them and spray at the same time.
I think at this point I will thin as you described and spray away.
Thanks again for all the responses.
Rich