Hello Ginger, you've asked the question in the right place. there was a conversation a month back about the paint and one Hometalk member uses it frequently on her furniture, Check it out - http://www.hometalk.com/activity/53259
The reason you can get those old world looks is because it is so easy to sand through. By itself, the durability is not so great. That is why they recommend a top coat of the wax. Wax is one surface that paint will not adhere to. If you ever want to make a change, it will be a challenge. I prefer to stick with standard paint so that I have a full range of colors to choose from and the ability to paint over it (rather than stripping) in the future.
I found a website that had instructions for making chalk paint using plaster of paris mixed with flat latex paint! I plan on giving it a try this weekend and will post my results.
You can paint over Annie's wax ..not a challenge at all and it is very durable even without wax. Because no black is used in the paints (except Graphite) you can mix colors and achieve unmuddied , clean new colors. You are only limited by your knowledge of the color wheel.
I can finish a piece of furniture in a day because there is no priming required.