OK, few comments after a very brief session...
I would prefer Photoshop like color selector, and the ability to input RGB values directly. Maybe even few slots for custom colors for quick color selecting?

I'd like to also see the actual texture (even downscaled to fit in the workspace) below the color picker together with the numeral UV position info... and info about the textures "true physical size".
"Stippled brush" sounded odd to me, "Spray brush" would be more immediately understod?
Would be nice to see the actual brush (pixel) size instead of a slider only, and I'd like to see also numeral airbrush alpha value too (like 50%) and not just the slider.
Would be nice to be able to save clone brushes, and use "pattern fill" type of things...
Also the model control needs "bank" control too, now it has zoom (a,z) and heading (cursor left, cursor right) and pitch (cursor up, cursor down).
Mirrored painting (assuming that the model is in the origo) would be nice too?
And maybe selecting and locking/hiding tri-selections would be useful so that you don't accidentally paint over border and destroy already "finished work"...
Need more ideas and comments? :)