I left the old finish on the neck, but I did reface the peg head with maple veneer to match the body, and created my own decals in order to put the Stratotone logo back on the head. The original pickguard was useless, but I decided to use it as a base, and laminated some tortoise shell material onto it. The finished pick guard is about 1/16" thick and quite stiff and strong. I redrilled the original holes for the volume and tone controls. The original guitar had a Tele-style three position lever switch, but I decided to just use the toggle switch that came with the Sillouette - since this guitar has been refinished, and mixes 50's and 60's parts, I figured I had nothing to lose on that score.
When the second guitar arrived, I found I was able to use the pick ups, switches, and even the knobs. I also stole two of the marker dots from the second guitar's neck to replace two that were missing on the Stratotone neck. I installed a set of Ping sealed tuning machines. The rebuilt guitar is quite nice to look at, and plays and sounds great.