Uhhair's post inspired me. I'm not ready to strip the entire car yet but I am ready to get rid of those horrible red rims. I'm practicing on the front driver side wheel.
This is what I started with. Note the chipping and general ugliness.
This is after the first application of an off the shelf chemical stripper.
The wheel was painted with no primer between the original silver and the red. I think the red was applied with a spray can. I'm going to find a small bottle brush tomorrow to see if I can get some better results. I have the stripper soaking on the paint overnight.
I have a can of silver paint and a detail gun waiting for the stripping to finish.