Just an update guys....
So... I spent majority of my day off yesterday doing this project. Hope you guys find this helpful. My piece of advice to you all, get a friend to help you, and it would be better if you have access to trolley jacks or multiple car jacks... or prop them up on bricks. haha!
So from where I last left this thread, I had just sanded off the gloss on the rims. I was going to do this whole job on the car... but luckily I didn't, TAKE YOUR WHEELS OFF, even if it means doing them one at a time.
So from where I left off... what you will need to get are the following items from Bunnings or an Automotive store.
- 2 cans of degreaser
- 2 cans of primer
- masking tape
- sandpaper (320) - I don't really understand the grading, so will have to get back to you
- rubber disposable gloves
- newspapers

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So I started off pretty good, masking off areas that I didn't want paint on, and carefully washing off all the marks etc from the rim. But because of the time lost from taking the first wheel off, time was against me...

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Here are the following processes that I took to get to the result I have got now...
- Once all the remaining gloss on the rim has been sanded off, prop your wheel against a wall or an area with little to no wind and spray your wheels with the degreaser. The one I bought is from Bunnings, and its made by the same mob that make WD-40, this stuff foams up on the wheel and eats through the gunk that builds up at the wheel nut area and the rim itself
- Leave it for about 3-5 minutes and either wash or wipe your wheel with a cloth with water. Don't forget in the wheel nut area
- Once they are dry and clean, you can now prime it. Again, prop up in an area with not much wind and spray it with primer. Beware, this stuff has strong fumes (I almost got high off it!)!

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- Once the primer has dried (about 5-10mins), this is the important stage of sanding any spots, blemishes and rough areas on the rim.
- Once you're happy with the result (i.e.. all smooth), prime it again and leave to dry.
- And again sand out any spots and rough areas. If you can also, during this stage do a wet-sanding as well.
And that's where I am at, at the moment. I got extremely tired from jacking up (and down) the car 8 times and removing/putting on the wheels back, my upper thighs are aching very badly!! All in all... the above process took me about 7 hours to complete (and thats including lunch). I know there are more correct/proper ways to do a job like this, but I am happy with my results thus far. Infact, I am thinking of keeping my wheels the 'primer' colour, looks different! Gives my car a slight 'underground look'.
Don't mind my tyres, they are covered in primer residue, due to my lack of time and laziness!

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Hope this helps all you guys potentially undertaking this project. Yes, its harder said than done... but its quite fun when you see the results at the end..
Below car has been gone for quite some time now... blew bottom end bearing and dealership screwed me! Now driving 2008 WRX with ~65k kms on the clock. Only has cat back exhaust and tune by KiDo at the moment! More to come... but slowly!
Purchased recently (12/11/2013), already with: Stage 2 Pedders lowered springs, rear Whiteline sway bar, Advan Racing TCII 18x8 wheels, k&N pod filter, custom 3" exhaust system from turbo back with Magnaflow mufflers. ECUTEK tune of some sort (hopefully soon to be fixed)..... now FIXED!! Now KiDo Tuned!
Added: HID kit, EZ lip equivalents to the front and sides, and various LED treatments, oem boot spoiler, [LGT WRC] plates, GFB Respons BOV for extra Pssscchhh! --> Gone... I couldn't afford it's heart transplant... but keep a look out, as it will come back on sale soon!