Oh darn! I just sprayed a couple of coats of rubberized undercoating on my brand new Altrider skidplate. Same stuff I used on my other skidplates, cheap, easy, and no harmonic complaints.
Of course I'll miss the benefits of Impressive Bass Improvement, Reduced Distortion, or Massive DB & SPL Gains of Liqui-Damp, but I wear ear plugs anyway. To be fair, I used a product similar to the GT Liqui-Damp throughout the cab, hood liner, and fenders of my diesel pickup, and it's surprisingly quite...for a (VP44 injected) diesel. No doubt this will work quite well, but I used what I had on the garage shelf.
I recommend masking off the outside of your plate before application so it'll be nice and pretty before you start gouging, dinging, and scratching it off-pavement. Take a picture while you can.