nice rifle
. pre 64 models are very desirable so if it were me I would not refinish it.
Henry makes a fine rifle and you can't go wrong with one. two other options would be a Rossi model 92 or a Marlin 1894. I've heard a lot of great things about the Rossi and on the Marlins it can be hit or miss. when Remington bought them out the quality really tanked but I have heard they are getting better. and I believe this year they are reintroducing the 1894 in the 357. of course if you can find an older JM stamped gun it's bound to be a shooter.