I've had this cabinet ever since they we moved into this house. My aunt used it as a record holder, does anyone still remember records, we use it as a place to store our dvds. It has been on my list of items to redo for awhile.
I decided that it would be easiest and fastest to use spray paint. There was hardly any finish left on this piece so I decided that I did not need to sand or strip the wood. Here is the end result.
This was a pretty inexpensive, had the cabinet $0, had the knobs $0 and the spray paint which was Krylon Cherry Red cost about $8 for two cans. Total = $8.