Hey there, folks. Figure I'll join the fray here, because I'm contemplating a project that is sure to get me flamed on the Pedulla thread, assuming I ever find the courage to join it.
A while back I bought Jaymi's beat-up Pedulla:
http://www.talkbass.com/forum/f126/ft-pedulla-mvp-855608/
I've built a Warmoth Gecko in the past, and I've got some other woodworking experience. I've got plans to spend my summer developing my refinishing skills on a couple of beater basses. If they turn out well, I'm going to take the Pedulla, strip it (though I'm nervous about the nearly-perfect neck) and refinish it. Take note - the bass already has a well-beaten finish, and the marks are not always in the best relic-look locations. Worse, a previous owner slapped some black paint (almost certainly not paint of the guitar-finish variety) over his massive buckle-rash damage, which took of nearly half the finish off the back of the bass. A refinish, if done well, can only be an improvement, in my mind.
Some Pedulla lovers will hate on me for ruining the history of this '86 bass, and I could pay a few hundred to have Michael Pedulla refinish it himself. Maybe I will. This certainly would increase its value. But if I do it, and it turns out well, I think I'll be more proud of it, more attached to it, and more likely to play it, rather than feel like I have to baby it, which is what I do now with my '88 Steinberger, recently refurbished by Jeff Babicz.
One more thing - the preamp was making wacky noises on this thing when I got it, so I replaced the harness with a Bartolini NTMB-918F 3-band Preamp. The bass sounds ten times better now. So, there is already one mod going on here, which has improved the bass considerably...I did have to take a router to the back of the wooden control cavity cover to make the stacked active/passive switch fit - the horror!
Flame away! Or, offer kind encouragement Maybe my Pedulla will look like this when I'm done:
http://www.talkbass.com/forum/f8/lean-green-pedulla-machine-758089/