Michael
I don't know that I agree with everyone that removing the camo would deminish the value. If you remove all the camo, there is no way to tell that it was once a camo model. Under the paint you will find the same lettering as a non camo model.
It may or may not be a blemished bow. Even if it is, the slight blemish is sometimes imposible to find. Sometimes more apparent.
In any case the factory paint has protected the finish all these years. Under it you will probably find a really nice finish. Most probably better than a non camo model will look like after 50+ years of abuse and exposure to the elements.
I had two Camo Kodiaks. A '64 and a '65. I cleaned the '65 to the original finish and it was gorgeous. I used acetone to remove the paint. It did not effect the finish under the paint. I worked in small areas , used a little acetone on a reg, and lots ofrubbing. No abrasion iorsanding It came clean.
I would challenge anyone to tell that it was once a camo bow.
So hte question is, what has better collectors value. A Camo Bear, A non Camo Bear, or a Camo Bear that has been "unpainted" and looks like an original non caom bow with a great original finish?
I still have the '64 Camo model and i will leave it as it is since it is the last one I have and I have 3 other '64 Kodiaks anyway.