This is a GT race bike I had gotten not to long ago thanks to a friend of mine for free. It's all stock and close to new.

This is my list of changes I want to do on the bike -
Add a new seat, black
Change the paint to a glossy black or a dark maroon (keeping the bold GT letters on the frame)
Add a pair of pegs to one side of the bike
Remove all that Velcro stuff

What do you all think?

My problem is that paint. I want it to look professional without having to send it to a shop; paint it at home. Does anyone have a good detailed guide on how to do this, or know where I can find one?