Rustoleum?

[unreconstructed1]

I am fixin (hopefully) to start my repairs of the body of my truck. since she has a lot of surface rust, I want to take her down to the bare metal, and I also want her to have that flat black "rat rod" look. the problem is, I don't want to spend money every couple of months to re-spray bomb her ( besides rattle can black don't stick to bare metal very well...), but I don't see the point in spending big bucks to give her a "low buck look", so here is my question to ya'll. will rustoleum bond to bare truck sheetmetal?
if it does work, will the finish last for a while? if not, what do ya'll suggest. keep in mind that she is going to be a low buck project.