I think you may need to find out what the paint is. Stuff like LP is a kissin cousin of epoxy and virtually bullet proof. If thats the case I'd take a liking to the color
According to Practical Sailor this is the best one. I have never used it but maybe next time. Surely it's better for you than the Marine Stripping Gel I use.
http://www.franmar.com/product_info....products_id=85
Either way you will do some sanding.
What did you use Reelclassic?
Good Luck