I would not bother with PC axles... they are bound to see more flying gravel, rocks, sharp objects than the rear end of a frame would.
Once the coating has been breached water will work its way under the coat, and by the time you find it it has already chew a few inches...
Besides how do you to repair a damage section of an axle that has been PC'ed?
You use the rattle can treatment....
I PC my frame and painted my axles with POR15, but I did get the axles sand blasted for better paint adhesion.
The frame and rear axle have rub some boulders and the quick fix has been and will be rattle can.......
Spend that $$ on a long range tank or drawer system instead....
My $0.02