Mine did not, and as far as I know the other people that did theirs (about 10 that I know of) have had no problem with fading, either. As long as you put a few coats of clear over it you should have no problems. Like I said the only issue would be the wheel balance.
The real key is prep---it should take the longest. If you skimp out on prep work it will show.
I actually had mine sitting out back in the elements for several months after I got aftermarket wheels and tires. I never attempted to sell them because I was too busy, so I ended up just taking them to the recycling center and leaving them out for anyone to pick up. They were dirty from sitting outside, but I cleaned a small section and it looked fine.
Last edited by mblouir; 02-16-2010 at 08:52 PM.