Sorry I haven't had a chance to jump on lately and update this thread but the project is still going full speed ahead.
This is a snap shot while sanding down the original black finish and was quite labor intensive.

Only a small area of rust under the front right flare needed some love.
I opted to remove the roll cage and get at some rust spots that were evident on the brackets. Fortunately they were only on the surface and not eating into the metal. I primed the whole jeep and started to run out of the primer so there are some areas that were removed and waiting to finish slightly later. (also primer pics are on my camera card so I'll have to come back and add them later.
Yesterday finished sanding down the primer and I just applied the first 1-2 coats of LJ1. The finish is looks excellent and its really starting to have the Jurassic Park glow! There are some areas that are a little uneven from my prep sanding but these will just add to its character.
I have a 3 day weekend before moving to my new job and the plan is to finish the Sand Beige on Friday, and then reattach the flares and side steps and set up the areas to do the red stripes on Saturday. Its going to be an exciting weekend!