Done it about thirty years ago. Looks good if done right, but a real pain in the Rs to do, very time consuming and frustrating. Each area or panel needs to be done individually, with whatever varying tones, in order to achieve a good result, which can result in some wastage of materials if not cut accurately.
That said, I have a 1/48th scale BAC Lighting to do, where I'll probably use foil for at least some areas.