Pat,
Reverse painting is simply painting the hole that was drilled in the blanks. There seems to be about as many ways of reverse painting as there are folks that do it.
Myself, I use model enamels and long stemmed q-tips and usually a coat or two inside the tube will do the trick.
You need to allow the coats to dry thoroughly and be sure to test fit the tube before applying glue. Usually if the tube fits easily after drilling there won't be an issue, but every once in a while I seem to got too much paint in the blank and the tube won't go in easy.
I have not as yet added a small drop of paint to the epoxy (I use a two part epoxy to glue in the tubes) but will the next time I'm turning plastic blanks. I've had one or two where the brass tube scrapes off some of the paint and you wind up seeing the tube.
As to the raised spots, I cannot comment.
Matthew