'84 Holdsworth: strip-down and powder coat

Power coat gives you a sort of thick plasticky finish. It is sprayed on as a power and then baked in an oven, where it sort of melts together into a solid/smooth finish.

"Wet spray" is basically wet paint sprayed on using a spray gun. It gives a thinner cleaner, nicer finish. It's what your bike would have had.

Powder coat Pros:

• cheap
  
• durable - it's what people use on tools and things that need industrial finishes.
  
  

Powder coats Cons:

• looks / finish
  
• generally only one colour
  
• decals must be applied ontop so can't be clear coated over and therefore they are less durable
  
  

Wet Spray Pros:

• infinate colour and design options
  
• looks great
  
• thinner - especially important if there are lugs
  
• often expensive
  
  

Wet coat cons:

• more expensive
  
• less durable
  
  

It seems a shame to powder coat a Moser (or any nice frame). Powder coating is great for one colour beaters where the frame needs protecting though.