Ah, I forgot to mention the other scenario. Some others have painted theirs and liked it, but no one has come back with experience after about a year or so.
From being a former professional painter, I would say that spray paint by nature is very soft and will marr or scratch very easily. Adhesion is another issue, but one would think the plasti-coat would benefit in this area.
I did forget to mention the foot rail issue I had. I painted the original duratrim footrail with Awlgrip which is a strong urethane based paint. Even then, I still had some scratches and chips from landing fish, etc.
I ordered some 1/2" thick starboard and routed the edges to round it and make it more comfortable to the top of the foot. This worked very well except the 1/2" is very wavy due to heat and expansion.
If you notice the newer Grady's, the used either 3/4" or 1" I think.
I will be re-ordering 1" thick to give more stability. I just don't like that wavy look.
Starboard is an excellent product in regards to stain, wear and overall durability. Only issue is it is not stable in temperature changes . So far, this is the only product so far that will work for me.
Some others did replace their duratrim and went back to real teak. That is ok if you like the look and maintenance of it. I think it looks good, but if you want your older Grady to look newer, they don't use the wood look anymore.
I was so tired of the maintenance of teak from my older boat, it was exiting to see a product like duratrim come out.