Originally Posted by Jonny B
Alternatively, you could powdercoat the frame in a single colour, then have a paint sprayer do the lugs afterwards.
+1!
That's probably your best bet for a clean job!
Once the frame is powdercoated, clean with wax & grease remover. Mask & spray the lugs, add some decals etc. Then spray 2-3 coats of appropriate clear over the whole frame.
Now you have the best of both worlds; Super durable and highly polishable!