Forbes said:www.projectguitar.com is usually pretty good for this sort of thing. I painted one, turned out ok, used car body paint from a spray can, i'm sure more advanced refinishers from here can give you better advice though.
The Golden Boy said:I redid my Telecaster with Krylon.
I just sanded down the old finish until it's dull. Then sprayed on the Krylon.
The mistakes I made were:
Sanding too much (if you sand through the finish and don't seal the wood the paint soaks in)
Not applying in several thin coats.
Not allowing it to dry properly between coats.
ArtieToo said:Its interesting that by doing it "wrong", you came out with a cool "vintage" look.
If you hadn't told me, I'd guess that guitar was 30 - 40 years old.
Artie