Guide/Pictures of my dipping tutorial - as mentioned in my Mordheim post (see http://boringmordheimforum.forumieren.com/miniatures-f2/my-miniatures-t751.htm#10523
Most of my miniatures are actually dipped in Fanatic Army Painter light and super light shade (the old stuff - not the new stuff called Quick Shade).
The way I do this is first I mount the miniatures on nails with flat heads (for fixing rooftops) - try to balance the miniature correctly - ALSO NOTE: Large and unbalanced miniatures cannot be used for this, as I later intend to spin the dip of the miniatures with my drill.
First prime the miniature with white/grey - NOT BLACK!
I start painting miniatures by adding the base colors and add some highlights (nothing major). For instance, with the orcs, I used a dark green, highlighted with a lighter green. also the white was painted bone white and highlighted with white also the bronze was painted with tin, and highlighted with bronze.
When painting black, you need to highlight with grey, as the dip don't add any shade to black.
Some colors I dont add highlights to. This is red, steel (i might highlight there after they have been dipped), gold, regular green (not the dark one used for orcs), brown, orange and yellow.
Note however, that IMO blue colors don't look good when you dip the miniatures. Also grey colors has a tendency to look poor with a brownish shade.
At this step I also add sand/stones/skulls/whatever to the base - No paint on the base though at this time (except on skulls, and other features - I don't add this stuff on my bases - only sand).
When the basecoat and predip highlights are done, the miniature is ready for dipping.
I mount the nail in my accu-drill (on the slowest speed).
First you test if the minature is properly mounted on the nail - check by using the drill, before you dip - and do it over some pillow so the miniature won't get chipped, when it goes flying (WARNING - It will go far, if not stuck properly)
If its mounted correctly dip the miniature, spin it in a box (WARNING - its real messy, so be careful - if you spin it in a cardboard box, you can do it inside - BUT BE CAREFUL)
I spin it for a few seconds twice each way, then unmount the nail.
Then you go over the miniature with a brush and remove excess dip - the usual areas are the eyes, the mouth, some times from the folds in the clothing and from weapons and armor (unless you want them looking really rusty - leave it on orcs). This step takes a little practice.
Let it dry for at least 12 hours.
Paint the base (I use black, highlight with beastbrown and a light khaki brown (almost like bonewhite).
Add a few highlights if needed on the miniature (weapons, horns, etc.)
I add a coat of testers dull coat, as I don't like the shine, the FAP dip leaves on the miniature.
Let it dry for a few hours.
Add static gras and whatever you like on the base.
Now the pictures.
First pictures of the proces (these are bloodbowl minis - sorry, I hope its OK)
Base colors/base highligts added.
After dip (and bases painted)
Final result after dull coat (a can of FAP dip can be seen in the background)