The logo is indeed "Music Master". This guitar was Fender's cheapest Student model - it's basically a Duo-Sonic with one pickup (all this redaundant info is for the uninitiated). This guitar apparently started off as a RED 1971 Fender Musicmaster, then someone put a 1979 style pickguard on it after painting it yellow and then sort of a Jade green color.
Right now it's being converted to "Sonic Blue", or Krylon Ocean Brieeze. It's much the same color as my Jag-Stang but a little more blue, a lot like the Mustang in the title bar (except a shade more green tint to it). I just put the first coat on the top yesterday, with some drips and runs I have now sanded out to 400 grit. Given how they sanded out, this finish should be smoother than most Japenese Jag-Stang and 69' Mustang MIJ finishes from the mid 90's, and the paint dries in a beautiful glossy color. I'll post pics later.
Today I'm doing the back, after all is done being covered in paint, I'll be sanding out all the imperfections to 400 grit, then a few very very very thin layers of clearcoat or ocean breeze blue to bring the gloss back, and then polish with 3M finish restorer to give it a mirror-like finish.
As far as the execution goes, Ill be making it into a "Kurtz" guitar, for reasons I'll talk about later.


The biggest problem I've faced is this part, once I'm over the finishing part, the rest of the guitar is easy. Finishing a guitar at an Apartment is NOT an easy process, finishing is hard enough, let alone managing to do it without
a.) Irritating any neighbors, especially those of the "eco-friendly" variety
b.) keeping from damaging the property - I've already messed up here a little bit, there's some ocean breeze on my patio that somehow escaped the metal computer chassis plates I'm using to paint on
c.) having a good place to dry - like hell I'm leaving a VINTAGE FENDER guitar body on my patio while I'm asleep, at work, and not there to make sure some would-be theif would not be able to steal it. I HATE the smell of plasticizers curing paint (which is the final part of the paint drying into a plastic-type material)
My current spray-finish setup is using 4 metal sideplates to old computers, laid with the vents overlapping to prevent spraypaint from getting out of the holes - and an old bedsheet blocking off the wind, debris, insects, and keeping the newly painted railing from getting paint damage.