We want to make some inexpensive upgrades to our bathroom, and are considering doing the following -

1 - Painting the tub using one of those Rustoleum Kits (it's peach now!)

2 - Removing the existing (crappy) tub surround panels that the previous owners glued over the original tile, and re-installing new tub surround panels.

Would love to hear from anyone who has done either what your experience was!