tnims68, I say go for it! You need to enjoy it while you can, so make it the car YOU want!

If you do the prep work well, and go with a two stage paint (base/clear) and use enough clear to be able to wet sand to perfection, you'll be golden! No worries!

I don't know about you, But I clean my car all the time anyway, so what the hell? Go Black!

Later - Brett!