Why not paint it? There are so many of these old girls around a new paint job may destroy its antique value but I sure don't think it will decrease the resale value...if anything it will increase its value. If it were a somewhat "rare" machine I wouldn't do it but a "common" model sure....I have 2 FW and 2 301's and one of each is going to be painted...just can't decide what colour to paint them! I have a couple of turquoise machines and a couple of greenies and I love sewing on my colourful ladies!
J