I think if the bodyworks sound I'd keep the paintwork as it is, particulalry if the car has a nice history.
The right wing is VERY bad, the car was in an accident, has giant rust holes patched up with filler. Nose is full of filler, too.
Paintwork isn't badly painted on, the thing I don't like about the paint is that they painted everything, even a lot of the aluminium!
If I had it, I would remove all of the aluminium parts, remove the paint, brush paint the car yellow and build it back up!