Thanks everybody for showering me in kind words!
Hippy-Ed: Good luck with the 1/48 kit. Even at 1/32 this tried my patience at times, so be ready for the nooks and crannies :) At that scale it might be easiest to forgo individual panels and just do an entire surface at a time. You could get a quick and easy two-tone finish by doing that and just adding darker foil on the panels you want after doing, say, a whole wing surface.
Brews: Thanks for the tip on the F-104. I found one online but I may have to put it on hold since I just heard the Polar Lights 1/350 starship Enterprise was discontinued and I need to get one while they last! I doubt my wife will let me get both. Honestly it'll be tough to get one :)
Espins: Its not that hard, it just takes a little bit of patience. It took me about a month to do, but was a lot less tedious than scribing the panel lines, which only took two weeks. If the foiling was truly tedious I wouldn't have gone back and refoiled areas I wasn't happy with! If thinking its too difficult is a psychological barrier, look for a nice bomber or big (1/32) fighter to build confidence on. The bigger the panels the easier (and also, counter-intuitively, quicker) it will go. A big B-29 is probably going to be a lot quicker than a P-38.
Dan