I'm typically the "bone stock" sort of guy, unless it's a small subtle change, or if there is something horrendously wrong with the original. In your case, the split color on the hull might be problematic in terms of replacing the decal with lettering. Logic says you would have to go above or below the split -- in the white area it might look too high and in the blue it would be too low. Straddling the split with the lettering doesn't seem like an option. Dunno?
2005 X2, Viper Red, MCX, OJ TZ-X5 prop, PPass, rear 750 sacs, KGB, IBS, Bennett Wake Plate, custom wake shaper
(previous) 2001 X5, 1991 TriStar 190