I know this is an old thread but I was just reading...
I had my bike in a trailer on the way back from Florida for spring break. Bike slid over...wratchet strap scratched my wheel. I was surprised to see this. The wheel was actually painted red first, then black. I know it seems kinda backwards, but that's how they did it for some reason. So "rubbing" the pin stripe off is not an option.
I went to PepBoys and got a roll of black pin-stripe. It's just five bucks and one roll will do both sides of both wheels. It won't fit the curve of the wheel perfectly unless you really try, but no one is gonna look that close to notice it. It took me half an hour to complete it and I love it.
Good part about this is if you don't like it....just take it off! I loved the red before and just wanted to try this and I'm glad I did. No one is ever going to see those red stripes again
Hope this helps.
And one more thing...canoesmasher, did you paint your side covers with the ColorRite paint that is made for the bike, or did you just go to Auto-Zone and try to get a match? If you did, what make and color did you get? I'm painting mine next week since I'll be down for surgery and won't be able to ride