On the legs/arms, I stayed with the glue-flexidip-paint-glaze approach, and they do look great.
However, for some reason on the shoulder bells, and chest/'011' pieces I had a hell of a time getting good seams and transitions...they always ended up ugly! In the heat of the moment, I swapped to mod-podge for the chest, and it works wonderfully!
Basically, a MUCH shorter drying time with a thicker coating. If you screw up a seam, or the surface isn't smooth enough, just sand it with some wet 400 grit sandpaper, and let if dry for 5 mins. After that, I skipped straight to gloss white and glaze.
The downside is that it isn't as flexible as the rubber-coating pieces appears to be. I'll have to wait to have her troop in it a few more times before I fully recommend the mod-podge route.