Depends how easy or difficult you want to make it for yourself. I've done something like this before and it was a bit of a pain.
The quickest way to get them stripped back without taking the tyres off the rim in my oppinion is with paint stripper. You can then polish and sand the rims or how much ever you want with "wet and dry" and then something like "autosol" metal polish. Or you could use a buffing wheel in a power drill with the buffing compound or something like that to get them shiny. Then spraying them is the easy part, after you tape up the tyres if they're still on the rims.
Not saying this is how you should do it, just how I did it.
Either way you'll need a lot of elbow grease. Very satisfying though.
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