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Oh, and by performance I mean specific impulse.
But I'm gonna leave that up to electricity cos he and I seem pretty much on the same page here. Plus he knows more about the actual concrete examples than I do. I'm more of an ideas man. :P
The main problem with the paint theory is that you need a pretty exact mix, othewise the reaction will be muted or gone entirely. With the proportions used on the Hindeburg's top or bottom halves there was some reaction, but it wasn't anywhere near rocket fuel levels.
Then again, they might also have fucked up somewhere, wouldn't be the first time. ;-)