Reindeer:
refinishing job is pain in ass, yet need alot of patience. I won't recommend u to refinish ur new guitar becoz it will need at least 1 month++ to let the paint to harden completely for buffing/polishing.
I'm using nippon pyrox color spray cans that u can find at homefix.
Instead of following traditional method for striping down the original color, i just sprayed the color directly to the guitar.
1. basically, spray the color paint into guitar for as many thin coats as u can.
2. let it dry for couple days, then using sand paper plus water to wet-polish it until very smooth and non-grossy surface.
3. let it settle for 1 weeks at least, spray clear color coats follow step 1.
4. repeat step 2, then wait let it settle for 1 weeks again.
5. apply car polishing compound (wax) and polish it into shinny surface and u r done.
it sounded very simple, but alot of times and efforts needed. 1st timer will encounter dozen of issues in between the process. beware and good luck!
if u keen, google for more informations.