Powdercoat is awesome! However, having it done a shop that's used to doing bikes is a good idea. It would be helpful to post your location, so folks who might be local can chime in with recommendations.
Olympic Powdercoat in Santa Ana, CA is great.
If you do a search on the forums for 'powdercoat', you'll no doubt find numerous threads with people expounding on the benefits. It's way more durable than wet paint, even a professional paintjob. You will however need to have a bike shop cut the powdercoat off the ends of your headtube, BB shell and fork crown.
I'm way happy with the powdercoat I had put on my track bike, and the factory coat on my Surly, Not nearly so satisfied with any normal paint i've ever had on a bike.
Last edited by Maxwell; 07-29-08 at 03:53 AM.