So, you spray paint over the chip guard? I would have thought it would have been the other way around? Yes, under the paint. Many new cars have chip guard on the lower sections of the fenders and doors as well as the rockers. There is generally 3 grades of texture from fine to heavy. Toyota's usually have it. Have to bend over to get down to the bottom section to see it. Your auto body supply store should be able to give you a sample of all 3 grades.
I've used the POR, KBS rust converters, as well as SEM's Rust-Mort. They all work pretty much the same, from what I've seen. But they do work. Yes they do work and it looks like you will need something. You blasted but your media is too large to get into the tiny pits and blast out all of the rust (typical). This is where the Ospho comes in handy. It's pure liquid and gets to the bottom. The rust converters do the same thing. You can primer over the Ospho then spray the chip guard, then paint. You can use one of your aforementioned rust converters and then spray the chip guard, then paint. One main theme is to seal off the metal from water and oxygen.
Some of that was me hitting it with the blaster to get the scale off. I'm not terribly worried about surface finish under there, as you mention, nobody will see it. My primary concern is to stop the rust that was there (I really should have taken before pics), but also to prevent it from happening again.
Pretty much everything outboard of the frame rails is 'blasted' from use, and I may just treat the outer 6" with rock guard or bedliner, once I fix/paint the rusted spots. From meeting you at "events" and by your posts and reputation of wanting an oem look, I wonder if YOU will be happy with the look and knowing that you have heavily textured bedliner material under the bed???? I know things change and we all mellow out but...???
I do like the idea of keeping the overall color the same. I'm not entirely against doing the KBS and then the DP40, I had really good luck with that on the rear diff and the springs. I could hit it with all 3...
Actually, I do still plan on bedlinering the inside of the bed. The guy that had it before me used it to haul things, and the bed was all scratched up at 8800 miles. Add to that a few dents in the front of the bed from things thwacking it, and it's not so nice anymore. I figure I can do a nice, light-coat bedliner on it tastefully, and not add an overwhelming amount of weight. Yep, it will be heavier, but I'm not really in the mode of getting rid of every last bit of weight in search of a couple tenths. It will be faster than they allow me to go without a cage, anyway.
I do throw toolboxes, coolers, wash/wax equipment in it from time to time, and a fresh repaint inside the bed would make it almost impossible to do without freaking out. Put a light, cut to fit rug in it and a rubber mat on the bed floor. The indoor/outdoor stuff will take a beating, can get wet and may be available in a very dark grey and would match with the black very nicely. The mats weigh a few lbs but can be easily rolled up and removed when needed.
Thanks for the insight... I'm a bit of an auto-body noob, learning fast.