Thanks to everyone for the compliments. I am glad you guys like what I am doing.
Here is the paint I decided to go with. It is KRYLON SATIN BROWN BOOTS. I thought about going flat black with red wheels but wanted to do something a bit different on this one and I think the brown might look good with red wheels but haven't decided yet.
Here is the area were the seat tube,top tube and seat stays meet. As you can see the welds are real ugly but they are strong.
Here is the same area after a copy layers of bondo. I think it still needs a bit more bondo to make it right.
Here is the area were the chain stays attach. More ugly welds.
And the same area after some bondo. It still could use some work but I'll probably not worry too much about it as it is kind of hidden by the foot brake.
Here is the before shot of the bottom bracket area.
And after the bondo. Looks much better and since it will be hidden behind the sprocket I think it is good enough.
I decided to give the bondoed areas a coat of paint to see how they were going to look and find there is still a bit of work to be done. I am not too worried about the bottom bracket area and chain stays area but want to try to get the seat tube area looking better.
I had to work overtime at work today so probably won't get anything else done today.
Hopefully tomorrow will be a short day so I will be able to get it painted. Thanks again for all the positive feedback.