Okay, with a little phone help from my better half, here's a few pics of me decaling with some tips. Hope this helps anyone else looking to do this as well.
First thing you want to do is strip your cabinet...IMAG1283-690.jpg
Next, you want to give it a nice sanding. Then, bondo any holes and imperfections. I actually had 2 chunks of wood rip out of the back box while peeling off the old decals. After some nice bondo'ing and sanding, you'd never know they were there.
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Next, you want to paint you cabinet inside and out with black OIL based paint. I went to HD and bought a quart of rustoleum satin finish paint. First, you want to paint the cabinet inside and out...
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Painting that first coat did 2 things. First, it seals up all the wood & bondo. Second, it raised all the grain in the wood.
Next, you want to give the cabinet a real good sanding. You should be able to get it super smooth inside and out with some 120 grit sandpaper.
Before sanding...
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After sanding. Now it's nice and smooth.
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After you've done that, run your hand over every inch of your cabinet. Carefully feel for any spots that may need some more sanding or more bondo'ing. If more bondo is required, make sure to sand it down nice and smooth after it dries. NOTICE: While waiting for the decals to arrive, I assembled the game and played it. When the decals came I took it apart again. This picture is of me pulling the PF out again. MAKE SURE you pull your PF out for this work and do yourself a favor and cover it so the sanding dust doesn't get all over it...
After that, you want to remove all the bolts on the outside of the cabinet. NOTE: You want paint the heads of all the bolts. They get scratched up after sanding. Paint them with a nice coat so that when you reinstall them, they look like new. I believe there's 5 on one side, 6 on the other because of the board protector arm inside the cabinet. All those bolts MUST be removed and there's nothing to it. After you've done that, you're ready to decal your cabinet.