At first I thought gray, but than I reconsidered because the wood grain was just so lovely. I didn't want to paint out the entire thing and cover it up.
Than I thought 'hey, how about a 2-toned!'. But again, I didn't want to cover up that grain on the top..so at last, after much deliberation, I decided I would do a reverse 2-tone. I decided to paint out the drawer facings in white, and re-stain the body of the unit in dark walnut (I usually do it the opposite way).
The finish came out great. I protected with tung oil, followed by a few coats of wipe on poly. the result is a nice low-sheen finish.
I really love this piece, I think she looks very chic and has that great retro feel as well.
I left the inside of the cupboard original wood (it was in great condition) to tie in with the body of the dresser.
Here is the before. She was in excellent shape. There were divots and nics though, so it did warrant a strip and re-stain.