I have a love/hate relationship with the powder coat on my outdoor equipment. I love how it holds its shine/appearance over time and its wear resistance. But it drives me nuts how it fails in large pieces and how it can hide serious rust issues. It doesn't blister the same way ordinary paint does a lot of the time. It's the same deal on my Bri-Mar dump trailer and my Boss snow plow which both live outdoors, both being top-quality manufacturers. It looks good until you realize it's nothing but a curtain hanging there hiding what's going on underneath it in those areas where it has failed.