Takeaways so far -
I've never done most of the things I did on the machine - this is totally possible for a noob like me.
Createx paint is as good as Vid claims in his playfield guide, although you have to thin some colors (e.g. white) with water to get them to spray well. I had zero problems spraying white over black. This is the first time I've ever airbrushed anything. I did it with a cheap airbrush and a home depot shop compressor and everything worked perfectly. I now want to airbrush everything
Heat setting the paint with a hair dryer is awesome. However, even a day later, some colors (eg red) will smear if you wipe them with a damp cloth. Clearing over is the only way to stop the smearing.
Everything in the silhouette cameo thread at pinside is spot on - that is an awesome tool for playfield restoration and using gerbermask (per the thread instructions) is the only way to go for detail work like text. You need a scanner to get accurate pictures to trace. If you have the scanner & silhouette, you're golden.
Original frisket is great when you're too lazy to trace your images for the silhouette or you have a simple shape to cut. I tried a knock off Frisket and it was terrible.
I could have done waterslides for the text, but my test shows that airbrushing works pretty well if the silhouette is cutting the stencils. It's not perfect, but I think I could get it there with more time, patience, and experience.
Airbrushing over everything as I did minimizes the amount of sanding lead paint that I had to deal with.
Where wood was damaged, I filled with wood putty & painted over. Even on bare wood areas, you can get decent results with a few light coats of different shades of beige. Again - not perfect but a guest wouldn't probably wouldn't notice in a HUO situation with lights, etc.
Montana paint markers (mentioned above) work very well (.07mm fine tip). I'm hoping they don't bleed when I clear over. They also sell empty montana paint markers. I filled one with the pink createx I mixed and that worked well for minor touch ups when I screwed up a spot airbrushing or accidentally scratched a spot.