Alright, so I've got some interesting findings.
First I have a lot less to do at work than I thought.
Second blackwrap could easily make some interesting gift wrap...
and seriously...
Using a 750watt light (Altman 6x9) at its focal point (so at any given 1cmx1cm square we might be talking around... say ~4 watts of light - Thats just an educated guess...) it causes the blackwrap paint to start to smoke within about 2-3 seconds, the smoke wisps off for about a minute or so and dissipates. The black wrap bubbles out slightly. I let the light sit for about 5 minutes and then removed the blackwrap.
Upon a visual inspection the wood was unharmed, but very warm.
During the 5 minute period of waiting, I remembered being in boy scouts when I was younger and seeing a "cardboard oven" it was real cardboard wrapped in aluminum foil, and then a bunch of charcoal was placed inside of it. I figure this is a lot like that.
I am gluing a piece of blackwrap to the wood now... and I am going to test that next...