Stripping the old finish was easy. I simply disassembled it and tossed the parts I wanted stripped into the glass bead cabinet.
The finish was kind of an evolution of sorts.
First, I thought I'd do a rust blue job on it. Turns out making things rust around here is damn near impossible so I gave up on that pretty quickly.
Thought maybe I'd give it some sort of spray finish so I picked up a can of Brownells Alumahyde II from Bowers. Turned out really good looking but apparently the thickness of the coating made reassembly impossible.
So, back in the blast cabinet it went.
After that I just decided to experiment. Took a solution of selenous acid, copper nitrate, and nitric acid (simple "cold bluing" compound) and coated everything. Once it was all crusty and whitish looking, I ran the parts under warm water in the sink and buffed everything with fine steel wool. Then I coated it with plenty of CLP.
I might just enjoy shooting it just like it is for a year or so and see how the (lack of ) finish holds up. If it starts developing a nice patina from use I might just keep enjoying it. If it looks like surface rust is going to be a problem I'll find someone to give it a professional finish.