I started by taking all the hardware off, and went to work washing, scraping and sanding as much of the paint off I could.
Some of the paint was very stubborn. It was ok though because most of it was getting covered.
On a laser printer, I printed out tons of black and white pictures from the internet. Then cut and trimmed all the white space away.
Using a foam brush and Modge Podge Matte I first laid down a layer of newspaper paper. Then topped that with the pictures I had printed out.
The finished project (for now). I still intend to do some more sanding and removing of paint. I am also going to write or paint lyrics all over it. For now it has a great spot in the Craft Room and all the drawers are already full with yarn.