This might show better what I was referring to re: using Photoshop to paint vs manually creating UV maps. PS will even do normal maps supposedly. I haven't played with any of the features enough to speak authoritatively on them which is why I was asking if anyone had.
Importing/Exporting 3D Objects: http://www.youtube.com/watch?v=yAM0zDfYPVU
Painting Base Texture: http://www.youtube.com/watch?v=f0j863hHkUw
Painting Gloss: http://www.youtube.com/watch?v=Xkt2kREJzvI
Painting Shine: http://www.youtube.com/watch?v=itulKSwVCZs
Photoshop CS5: Identifying and naming 3D materials | lynda.com tutorial
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