I wanted to add to Dave's initial tread versus starting a new one:
Another look that I really like is the Magnesium look new. (Dave's is Vintage Race and truely old school) The look I was after is different and not that hard to get, elbow grease and time will make it happen. Although regardless of look Vintage Race or Mag NOS it takes some desire to overcome the feeling of wrecking these expensive wheels. Yikes..........
I started with a green Scotchbright pad on all surfaces then taped off the exposed aluminum for center paint. I chose Rust-Oleum #7270 Gold Rush Metallic found at Walmart. The first coat was liberal to get coverage and bond however it was a bit glossy. The second coat was lighter used to cover any left over exposed areas. After waiting only 10 minutes I finished with a very light coat from a distance. That gave it some texture and matting effect. That's it! Once the aluminum begins to oxidize a bit more they should look very Magnesium like at about 1/3 the cost.