I honestly really like T-red. It would be pretty easy to prep/ touch up the existing t-red and go all out on a high build/high gloss clear to respray everything with it. Hose it down and cut-n-buff the living crap out of it, and it would have a lot of people nutting left and right. A color touch up and reclearing the whole thing will take less man-hours and less material, which will save you some coin.
I always wanted to repaint my CSVT Sonic Blue, but decided to just add a deep blue pearl to the ebony black (though not as much as I would've liked in hind sight). If you have any real body work or just want a different look, adding a heavy pearl or FINE metallic to a batch of T-red might be a good way to go to recolor the car. Lots of options there to play with, keeps it pretty much the same color.....but clearly custom to those in the know. Though, I would personally try to spray the car as assembled as possible to attain a consistant pearl/metallic coverage. :shrug: