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I'm finishing up my adaptation of Norm's router cabinet and have been mulling over how to finish it. I used shop-grade plywood that isn't worth using a clear finish on. I thought I might shellac the entire cabinet in and out as a way of sealing it and then paint over the shellac on the outside of it. (I'm also using some hard maple trim, which I'll finish with an oil/varnish blend to play off the painted plywood.)
My question is: does shellac work well as a primer under latex paint? Also, is there any advantage, either in expense or finish quality, of using shellac under paint as opposed to a conventional primer? I just figured since I'm finishing the inside with shellac anyway, why not keep going and skip the primer.