The prices on HVLP guns has dropped to where "normal" people like you & me can afford them - Devlibiss are the holy grail but cost the earth and are only justifiable for professionals. Check out Ebay. I paid about NZ$160 for mine at a retailer and could get it cheaper online.
However, don't mistake the "low pressure" tag for low air requirements - I have a 3HP compressor which is quite big (60 litre tank) and supplies 13 cubic feet per minute and I wouldn't want to use anything smaller. I think that the smaller compressors aren't particularly good buys - you don't want to have the pressure drop in the middle of painting or having the compressor constantly running as you'll have enough to concentrate on. Also, larger compressors can drive proper tools, like rattle guns, air hammers and so on. This will enable you to re-inact the V8 Supercars pitstops in your driveway (if you can find three more spare tyres

)
The pic above is the same as mine, currently available here for NZ$550. Okay it's Chinese but it hasn't missed a beat in two years or more. You do need to maintain any compressor, draining water and checking oil etc, but they have other advantages - pumping up tyres and blowing dust off things (around sparkplugs before removing them)