Terry,
I would certainly not classify myself as an expert on this topic, but I have sprayed a couple antique vehicles, and I've used both single and two-stage paints.
You may be right that single stage looks a bit closer to original, but in reality, a really good job done with single stage acrylic enamel today probably looks better than the original paint job--at least if done by a pro.
The two-stage process, while a little more labor intensive, is probably an easier/safer process for the amateur painter; if you make a mistake you can redo it before clear coating, and even the clear coat can be re-worked. It's a lot tougher to make adjustments on single stage acrylic or urethane, after the fact.
It is true that some paints come only in single stage, others only in 2-stage, while many can be mixed either way. I have successfully combined on the same vehicle a single and 2-stage paint (i.e., different colors on different parts of the vehicle) and it came out fine.
I don't think I would clear coat over a single stage paint unless it specifically says that you can do this on the tech sheet that came with the paint--you have to be careful about mixing brands, types, etc. Usually it is highly recommended to go with a complete "system" for your paint, i.e., you need to use primers, surfacers, and finish coats that are all compatible. It's essential to study the tech sheets on all of your paints before using them, and certainly before contemplating mixing paints from different sources.
Good luck!
Jim