Yup, had this done to a frame - powder coated then two packed - nice finish. In my opinion, the only problem being is if the bike is used regularly it's difficult to maintain the nice shiny painted surface i.e you see the scratches down to the matt flatted powder coat and if you use bunjees to hold tents / luggage etc. this adds to the wear on the painted surface. I think the glossy powder coat surface may be a little more 'durable' for a regularly used machine. If it's done for show purposes then it's less of a problem, but really they need to be ridden! Just a thought for you.