Originally Posted by SingleSpeeDemon
Nothing wrong with painting it yourself, but after the cost of materials (paint stripper, emory cloth, degreaser/solvent, respirator/dust mask at least, primer, paint, clear and not to mention labor) I find it is more cost effective to find a $50 powdercoat job instead. You'll be much happier and will spend about the same.
Where can you find a $50 powdercoat? I usually see prices around $150 for a bike.