Rat Bikes! Pub Bikes Beaters! Frankenbikes!

Cheers lads, it's the nicest steel bike I've ever owned
Seriously considering de-ratting it though.....

Current thought is bright zinc plate the whole frame then mask lugs and all or part of the rear triangle & forks and spray white - repro. decals and then clear coat everything....

Good or bad idea? (probably not the thread to ask this question.....)