James,
I agree with the first part of that (lacquer painted car should get the *most* points, whether it be 'unrestored' cars (which may have had parts repainted), OR restored cars, with total repaints. BUT... I can't remember how many years it's been since I saw a factory 'lacquer' painted Camaro with orange peel; it was probably in the early '70's..
Lacquer is so soft compared to today's paints, that it didn't take too many washings, and polishing/waxings, to totally smooth down any orange peel that came out of the factory (Although, GM got credit for having the BEST factory finishes among the major manufacturers and a big part of that was their paint finish, as the lacquer did get a factory buffing (I think), OR the paint process didn't leave them much peel... Even a new '77 Monte Carlo I ordered in mid '77 did not exhibit noticeable orange peel when new (although it was the worst designed new car I ever purchased). I suspect the fast drying nature of lacquer minimizes probability of orange peel in the finish, along with it's softness that doesn't take much buffing to eliminate it.