Wash coats work just as well as sealer, really. Lowers your inventory requirements as well. But, sealer is generally less expensive than finish (depending on where you buy it), and can be of a higher viscosity so it behaves as a sand/fill as well. When you're shooting a layer and sanding half of it off for levelling, you don't want to use finish product if you can help it. 4 or 5 coats of sanding sealer can get you level for less money and effort than 8 or 10 coats of lacquer. But, not all substrates need that much help. For instance, if you're shooting at Alder or Maple, it's pretty smooth already. Don't need to fill much, if at all. Swamp Ash or Mahogany, on the other hand, will fight you tooth, fang and claw to get smooth.