The first models I ever painted were a pack of Warhammer Cave Squigs. I painted them with Testors oil model paints. They turned out a lurid glossy purple with glistening white teeth. Two colors. But that was all it took, I went out and bought some more models. Honestly I have no idea where my second models went. They were a pair of space marine knockoffs for who knows what game. They had big blocky shoulderpads and static poses. I painted them red and blue and then drybrushed them with silver... cuz... ya know. It seemed like a good idea at the time (did I mention I was in sixth grade?). Anyways, my parents got me a Marneus Calgar and a Razorback for my birthday that year.
It's nice to take a step back and look at how far we've come since the days of globbing on crappy acrylics (or worse yet, oils) over a half-done base-coat and calling it a day.