Paint as preservative!

[gtill]

What would be anyones take on painting a wood foundation before erecting the structure? I mean everything from the 4x4 posts, beams joists etc. Particularily the end cuts, so no raw wood is exposed below the floor (would include the floor bottom). Up here 3000' +, rot seems to be the biggest problem, termites are not common(yet).

I'd be using the borate treated wood, and mold resistant paint! Any comments?