Hi to Purple Passion,
I LOVE the featherweights, I have had as many as 50 in my collection at one time, I now have 14 VERY SPECIAL machines. I search out near perfect machines in their ORIGINAL finish and with as much of the original equipment a possible. I would never paint one that had even a moderately good condition. Their charm and value is in the age and original condition. IF you absolutely must have a painted one find a "fixer upper" in poor cosmetic condition. To restore good working condition on a FW is EASY, provided the motor works. So it doesn't even have to be working. Spare parts are available at a lot of Singer dealers (cannibalized from old machines), also on line and of course ebay. I often restore FW's and sell them on ebay. It all depends on why you buy a FW, be careful after two they tend to multiply!