For a fairly complete answer to Should I Paint My Bicycle, just click on that link and see the pros and cons of painting a vintage bicycle...

As found, this old Peugeot had partially stripped paint, poor repaint, no art and a bent frame - it should be painted...



A hundred bucks, some skill and a paint brush turned it into this...



Of course, I am not a fan of repainted bicycles, so I sold that PX10 and found this all original one which I still have today...