Paladin Flesh vs New Wood

How close are they?

ΔE 7.7, close: similar, with a visible difference side by side. New Wood is a little darker, more saturated than Paladin Flesh.

Can I use New Wood instead of Paladin Flesh?

Usually, if you are not matching paint already on the model. Close match (ΔE 8). New Wood is a little darker, more saturated than Paladin Flesh.

Can I use Paladin Flesh instead of New Wood?

The same difference applies the other way round: Paladin Flesh is a little lighter, more muted.

ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.