• I'd not spend money on a re-spray:
    a) the paint looks to be in generally good nick;
    b) it's rad as fuck;
    c) although it's a perfectly decent bike, it's no prize; if anything (unless the bodyshop are super cheap), powder coating would be more appropriate;
    d) just match any heat damage around the seat cluster to the forks, in black (that's unlikely to be original either).

    nice job on polishing the callipers, but what's wrong with the cranks? Road doubles are fine with one ring removed and this would save you buying a new BB (unless that's pitted).

    As your first conversion, I'd keep it cheap & cheerful: save your cash for your next build: cheap mistakes are easier to swallow.

    EDIT
    Looking again at the photos, I notice the front reflector bracket has the same awesome paintjob as the frame, so perhaps it's not original. Either way keep the paint because a) see b) above and it'll be less of a thief-magnet: they have appalling taste and can't deal with cool shit like this.

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