Put together this step by step video on how to paint your calipers as well as apply caliper decals.
**Do yourself a favor and purchase 2 kits. You wont get the color and coverage you want with just 1 kit!
Step one: cleaning
I use a power drill with a wire brush attachment to clean of any dust, rust, and grime that may have built up. After that spray the caliper with the supplied brake cleaner and use a rag to clean off.
Step two: Taping off
Use painters tape and tape off everything around the caliper where you dont want paint. (rotors, anything rubber, and anything to provide contrast to the color
Step there: Mix Paint & Reactant
Easy...mix the reactant and paint...
Step four: paint
Take your time and work on 2 calipers at a time. Apply paint on one caliper then while that is drying paint the other one. I would do a minimum of 3 coats if not more.
Step five: decals
Allow to dry overnight before applying decals/stickers. when removing the decal overlay, pull straight down, so that you will not pull up the decal with the overlay.