Here's my Weekend Update.
Car has been completely blasted and is now in primer. The floors in the car were great shape due to the 1/4 thick undercoating on the bottom of the car. Too bad the trunk floor didn't fair so well.
I really thought long and hard about how I was going to use the car. The car was a factory undercoated car and then appeared to have extra undercoating put on at the dealership. After much consideration, I deviated from factory specs and decided to apply Raptor Liner to the bottom and to the interior floorboard. It will provide good protection form the elements and will make the car more quite. Not to mention that the underside will be easier to keep clean. I really love painted bottoms and cars restored to factory specs with primer and overspray, but I felt if I did that to the car I would be reluctant to drive it. Since the car has had an undercoat finish since new, I felt it was good to treat it in a similar manner.
Here's a few photos of the car taken on Saturday.