... I had planned on putting a bank of filters in front of the water mist in an effort to capture as much atomized paint particles and odor as possible.
... I've heard only good reports about Water Wash Paint Booth Exhaust systems but can visualize cleaning the water nozzles, plenum and disposing of the contaminated water.
... I also wondered if this system would raise the humidity too high in the booth. If you are using a solvent borne product this will not be an issue, but if you move to the newer water borne (which are outstanding by the way) products it will effect dry time.
... The main advantage of the Water Wash would seem to be reducing the VOC's coating the interior of the plenum as well as the exhaust fan and motor thus reducing fire/explosion risks. VOCs are the solvents that evaporate from the finish. They do not adhere to anything. I believe what you are refering to is the attomized paint. Using the proper dry filters and changing them at the needed intervals will provide necessary filtering to prevent the coating of your fan and plenum. As for the motor, I would use a belt driven fan, have the motor out of the exhaust stream as the solvents will not be filtered out using water wash or dry filter. The motor needs to be an explosion proof unit. If you find them to be cost prohibitive, take a trip to your local paint distributor and ask if they have any used/junk mixing banks. If so, they have explosion proof motors on them and after a mixing bank is removed from a shop, they are rarely reused. I'd be suprised if you couldn't negotiate one for a little of nothing.
... If conventional filters, singlehandedly, will indeed remove 98% of the toxins for a lot less money and maintenance, I fully agree............that's the way to go!Viledon and Viskon Air are a couple of examples of a manufacturer that provides the proper product that does in fact filter 98% of the particulate from the air that passes through them.