I just bought a Black Hyper and I'm not a big fan of black bikes as they never seem to hold their luster long after washing, dust, road grime, etc starts to take effect on the finish. However, I was thinking that the Pearl White would be cool with the black frame and some Italian Flag pinstripping.
you would have to strip the entire bike. But from what Ive heard, its really not that bad since the motor drops out of the bottom of the frame. A guy in my local ducati club painted the frame on his multi and had never done anything like that before and had no problems. His only advice was to take pictures of the routing of the various wires and cables. That was the biggest PITA i guess. I'm just going to paint the subframe red to match the main frame and I'm painting the body a nice dark metallic gunmetal. I think it should look alright.