Well...

The first coat of Polycrylic resulted in a very interesting, curdled, texture but not what I want for this project. Although the can says apply a Rust-oleum topcoat after one hour; the website indicates one hour for oil and four hours for latex. 

Questions:

1) Did I not wait long enough to apply a water based topcoat?

2) Did I not spray a heavy enough coat for it to level?

3) Is it too humid?

4) Are the two products simply not compatible? 

I'll keep going with additional coats so I can test the initial concept of creating a hard barrier between the two waxes. Then, if that proves out, I'll try to resolve the curdling issue.