HVLP versus airless sprayer - need suggestions

[woodworker2000]

My brother is about to start painting his new drywall in his basement and I am about to start finishing out my basement myself. We discussed splitting the cost of an airless sprayer and he told me to pick it out. I was looking at a Graco Magnum 2800 airless sprayer (at HD) for $298. However, I also saw a CH HVLP sprayer at HD for $297 (model HV2500) so I started thinking that I might get more use out of the HVLP sprayer in the long run than out of an airless sprayer. However, since my (and my brother's) immediate need is to paint a bunch of drywall, I don't want to get something (the HVLP sprayer) that won't do a good job painting drywall just so I can have an HVLP sprayer for my woodworking (he doesn't do woodworking). Right now, I have more projects that will require painting (basement drywall (latex), wainscoting (might be oil base paint), and a few pieces of furniture and shop projects I am making out of MDF). Any thoughts on getting the CH HVLP sprayer and using it in place of an airless sprayer? Or is there another HVLP sprayer close in price that would be a better choice? Or should I just get the airless sprayer and put the HVLP on my "wish list"? Any thoughts/ideas would be appreciated. Thanks.

[bmwpower]

My father and I bought the model you saw at Home Depot. We used it to paint all the drywall in my new house. It worked great. Super quick. Priming the system and cleaning it out was a pain, so keep the instructions handy for future use.

You could probably paint your basement in less than an hour.

Using an HVLP sprayer to paint your walls will take much longer. The output is not nearly the same. Although an HVLP sprayer will be much better suited for woodworking, furniture, etc., you could use it to paint your walls.

[Jacksnap]

I'll second bmw. Go with the airless for large area coverge.

Don't forget to add the HVLP to that 'wish list' :D