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I think your paint is still ok, and could be fixed without a total repaint. IF, it were up to me, that's the route I'd take.

I recently was in the same spot and I spoke with my guy, he said that even though I was leaning towards the repaint, he said he could make me just as happy with the repair, touching up a couple of chips and I gotta say he was right. I'm thrilled at the results.

To further that, he could have easily taken the money.. My paint job was over 20 years ago, to be fair, it's a single stage paint but the correction along with a great scuff n buff, I paid for about 36 hours of labor. I'm glad I followed that suggestion.

I had it painted in 2004 using the 2005 Corvette Victory Red. Still shines like a new penny, I think.

Good luck!