I've always wanted a fender competition mustang, but I am years away from affording one. However I do have my old epiphone les paul jr. I decided I wanted to add a stripe that was cheap, could stay on, but would off easily if I didn't like it. I decided that some kind of tape would be a logical solution.
What you need:
-electric tape, color of your choice.
-an exacto/pen knife
Step 1: Cutting the Tape
Lay the electric tape sticky side down onto a cutting surface. Then use your ruler to cut as many strips as you want. I decided to use two stripes, one bigger then the other, so I just used one piece of tape. If you want many stripes you can use more pieces. When done peel the tape off.
Step 2: Applying
This step is pretty self explanatory. Lay one stripe at a time, parallel to each other. You can place them anywhere on the guitar. If you are placing the stripe in a position where it goes to the edge of the guitar, cover the entire side, and cut it at the desired length.
Step 3: And Your Done!
Thats it. If you mess up or don't like it, it will peal off easily without leaving sticky residue.
Any other suggestions.