Kitchen Cabinet Make Over

I have 2 new projects in the works... One, I am trying to choose a color to paint my livingroom. I got a can of paint last night and rolled it on a sample wall this morning -- oof da! Definitely not the right color. I was going for a tomato-y orange/red, and ended up too red. I think I can take it back to the paint department and have them tweak it to use on my second project: a kitchen cabinet re-work:



Sorry, I know that picture is kind of small -- if you double click it, you can see it better.

It's the red cubbies that I like. Well, I like a LOT of things in the photo but it's the red cabinets that I am actually going to try to do in my kitchen. It seems fairly easy and inexpensive: remove the doors, remove the facing, and then add some vertical boards to create cubbies, and paint.

Worst case scenario, I feel like I don't have much to lose. I think the cabinets are original and they are really unattractive both in design and paint color. So if I fail miserably, I either put the doors back on, or I take everything down and mount some simple shelving. Ultimately I want open cabinets for my upper cabinets.