if the running surface is in decent shape leave it alone. from the hard chine up you should use a high quality automotive paint. i use PPG's dbc basecoat with DCU 2021 clearcoat. i think Micher T is in your area and is one of the industries best. you will have alot of fun with that boat. the scarab panthers were always one of my favorites. come to think of it . .i may have an original wellcraft sales brocure for that boat.