Pridebullys,
Roadrash is correct. Powder coating will not stick to Bondo, and it may not survive the baking process. You could try brazing material on the frame to fill in the 'pits', then grind everything smooth. Or lead solder (then you'd have a real "lead sled"). They both should be soft enough metals to shape and smooth easily, yet conduct electricity (and static charge) for powder coating.