I think you did right by these drums. The simple fact is, the drums were painted beyond repair, and as a result will never be "original" again, no matter how much we want them to be.
You clearly have a lot of love and respect for your drums, and that's reflected in your restoration decisions. You chose a classic finish for a classic set of drums. Well done!
Like the rest of us here, I'm looking forward to seeing photos once the job is completed. Keep us posted.
-Greg