I guess it comes down to whether you consider it OK to say it's "all-original" even though it has new paint. I wouldn't have said this truck is all original because when somebody asks about the paint, I'd have to say "Oh, well, yeah. All original except for the paint." And they would start to think "I wonder what else he's trying to pass off as original." Even though it's obvious it has new paint, I would've written something in the description so that it doesn't look like I might be trying to pass it off as original. Just MHO.
It's still a very nice truck, too. Oh yeah, I guess I've seen black lettering on the grilles, too! Doh! :p It appears I'm no expert, either, Bill!