Been doing mine - strip the old tape, clean and retape one section at a time to make sure I follow the existing bends.
Sore fingers, headache from cleaning agent fumes, bleary eyes from all that close up work, aching back hunched over for hours and, so far, 4 1/2 25 mtr rolls of Tesa cloth tape. Nearly there and looking good. The main loom is now threaded into the car. Savings - around $3000. Surprised myself with this job; been putting it off because the loom was filthy after sitting in a shed in an open box for 9 years and looked like a huge tangled pile of frustration but once I got started it turned into a mission and I just kept going.