Dap 1 Fast n Final Lightweight Spackling
Dap is one of the biggest names around in caulking and surface preparation products for the home. This is a personal favorite of mine, which I've had excellent results using. The spackling goes on extremely easily and stays right where you put it. Shrinkage and cracking are non-existent. Although spackling is usually applied with a putty knife, I find that using my fingers with this, especially for filling nail holes, works remarkably well. I’m not sure exactly how quickly it’s supposed to dry, but I've painted over it as little as ten minutes after application.