Yeah, that seat I showed was shaped completely with expanding foam. The foam is easy to shape, but it does require a surface coat of something.
Bondo- the cheapest, but a major PITA. It just never comes out right the first time, so you end up spending TONS of time sanding/reshaping bondo. And if you sand through the bondo, you have to start over because you can't sand both the hard bondo and soft foam at the same time.
Putty- we also used a bit of some other crap, I don't remember the name but it was like a 1 part air-curing bondo. Much easier to sand, came in toothpaste-like tubes. If you want, I can get the name in a few days when I get into my shop.
UV Smooth Prime - This stuff seems to work very well. I can't say for sure, because I havn't actually pulled a part from it yet. I have two plugs literally ready to go using it though, and it seems GREAT. You brush/spray it on, its nice and thick so it sort of self levels and then you sand it down smooth, which is easy. The second mold I did I learned to spray the stuff, it works 10x better and requires much less sanding. It is kind of soft, so I recomend coating it with some sort of sealant before use. I used epoxy based black rattlecan paint. We'll see how well it works, but I think it will be good. The downside to this stuff is that it's EXPENSIVE. 1 can should be plenty for the tank I think, assuming you don't waste a ton.
If you find something better, please let me know. I use hotwire or hand shaped foam for the majority of my molds so I'm always looking for a better method.