Well, pretty much finished my Dodgy Ray refinish.
While a learned a lot the biggest thing I learned is that painting isn't my forte by any stretch of the imagination. I practiced first on my travel bass refinishing that which on the whole didn't turn out too badly. This on the other hand was a nightmare.
I thought I'd done a pretty good job in prepping the surface and the first few black coats on the body went pretty well..... or so I thought. I started doing the redburst and alternated between red and black and just as I was pretty happy with it the red blew a spatter or bits onto the finish!

There was no way I was starting again on the body so I let it dry for around three weeks before hitting it with a clear coat.
The headstock also copped a splatter of bits of paint on the last coat so I decided to let it dry, sand back and try again. When I hit it the next time with a different can the finish crinkled which usually means that the last coat hadn't gassed off properly, but I'd let it sit for days, sanded it and it still crinkled. I let it sit for at least a week, sanded again, hit it again with the black and immediately with the red burst around the edges. I'd gotten to the point of frustration so I decided it was good enough. It had a week less than the body when I did the clear coat and again got a little crinkling. Bugger it!!!! That'll do good enough.
I also sanded the neck back to the wood plus a little more in places where there were dents in the back of the neck and then refinished with Tru-oil and rolled the edges a little bit more. This worked out really well and the neck now feels as good as just about any expensive bass.
I've waited nearly four weeks and even though I'm not 100% certain the clear is completely hard I put it back together. Overall, it looks a lot better than the original, and still has cost me very little.
The photos flatter it very much. The finish is has a LOT of orange peel and it shows up scratches if you even just look at it the wrong way.
Considering I've still only got around $350 spent on it (that's around $220 USd) it's still a bargain. (Full rundown of the parts used on
this thread here)
I've got an Epiphone EBO mudbucker coming and will next be trying my hand at routing out a neck pickup rout, so it's probably good that I'm not too invested in the finish being perfect as I'll probably do some damage installing the extra pickup.