PK... you are correct.
The first paint scheme for the Titans was QF white with a Red flash up the tail. Looked crap and did not last long before it went to standard QF tail with roo. Yes, it was an aversion to piston engines that drove that fwd in the first place.
TKFS. The colours went from full TN to QF white with red flash then full QF.
Photos: Cessna 404 Aircraft Pictures | Airliners.net